Fonden Varde Open Air Concert — Credit Rating and Financial Key Figures

Fonden Varde Open Air Concert (CVR number: 37695807) is a company from VARDE. The company recorded a gross profit of 530.8 kDKK in 2024. The operating profit was 504 kDKK, while net earnings were 505.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fonden Varde Open Air Concert's liquidity measured by quick ratio was 85.4 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.