Varelotteriet A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Varelotteriet A/S
Varelotteriet A/S (CVR number: 42971251) is a company from KØBENHAVN. The company reported a net sales of 140.5 mDKK in 2024, demonstrating a decline of -6.3 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 14.4 mDKK), while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Varelotteriet A/S's liquidity measured by quick ratio was 14.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 145.21 | 143.53 | 150.03 | 140.53 |
Gross profit | 19.66 | 25.42 | 23.42 | 23.03 |
EBIT | 13.27 | 18.73 | 16.67 | 14.37 |
Net earnings | 15.79 | 28.07 | 29.22 | 13.47 |
Shareholders equity total | 113.52 | 136.79 | 155.01 | 158.48 |
Balance sheet total (assets) | 127.23 | 147.97 | 167.40 | 169.27 |
Net debt | -0.38 | - 127.72 | - 136.54 | |
Profitability | ||||
EBIT-% | 9.1 % | 13.0 % | 11.1 % | 10.2 % |
ROA | 10.4 % | 13.6 % | 18.7 % | 16.6 % |
ROE | 13.9 % | 22.4 % | 20.0 % | 8.6 % |
ROI | 10.4 % | 13.6 % | 19.4 % | 17.8 % |
Economic value added (EVA) | 13.27 | 7.59 | 9.79 | 6.58 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 92.6 % | 93.6 % |
Gearing | 0.0 % | |||
Relative net indebtedness % | -0.3 % | -76.9 % | -89.5 % | |
Liquidity | ||||
Quick ratio | 18.5 | 12.3 | 14.2 | |
Current ratio | 18.5 | 12.3 | 14.2 | |
Cash and cash equivalents | 0.40 | 127.72 | 136.54 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 0.3 % | 30.8 % | 29.2 % | |
Credit risk | ||||
Credit rating | BBB | A | AA | AA |
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