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VARDE GOLFBANE A/S — Credit Rating and Financial Key Figures

CVR number: 15149639
Gellerupvej 111 B, 6800 Varde
Free credit report Annual report

Credit rating

Company information

Official name
VARDE GOLFBANE A/S
Established
1991
Company form
Limited company
Industry

About VARDE GOLFBANE A/S

VARDE GOLFBANE A/S (CVR number: 15149639) is a company from VARDE. The company recorded a gross profit of 30.3 kDKK in 2025. The operating profit was 30.3 kDKK, while net earnings were 31.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VARDE GOLFBANE A/S's liquidity measured by quick ratio was 8.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales72.0096.00
Gross profit31.738.664.6663.3930.35
EBIT31.738.664.6663.3930.35
Net earnings34.6336.102.3369.2831.74
Shareholders equity total2 737.792 763.892 766.212 835.492 867.23
Balance sheet total (assets)2 742.792 768.892 771.212 840.493 013.70
Net debt- 150.09- 811.53- 751.77- 176.56- 961.97
Profitability
EBIT-%44.1 %9.0 %
ROA1.7 %0.3 %0.2 %3.2 %1.5 %
ROE1.3 %1.3 %0.1 %2.5 %1.1 %
ROI1.7 %0.3 %0.2 %3.2 %1.5 %
Economic value added (EVA)- 111.08- 131.42- 134.23-89.56- 119.08
Solvency
Equity ratio99.8 %99.8 %99.8 %99.8 %95.1 %
Gearing4.9 %
Relative net indebtedness %-201.5 %-840.1 %
Liquidity
Quick ratio184.9190.1190.6204.58.2
Current ratio184.9190.1190.6204.58.2
Cash and cash equivalents150.09811.53751.77176.561 103.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1277.2 %985.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.50%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Director
Board member
Board member

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