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TB Invest Varde ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TB Invest Varde ApS
TB Invest Varde ApS (CVR number: 39407868) is a company from VARDE. The company recorded a gross profit of -23.8 kDKK in 2025. The operating profit was -23.8 kDKK, while net earnings were -19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -37.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TB Invest Varde ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -20.00 | -20.00 | -21.00 | -22.00 | -23.81 |
| EBIT | -20.00 | -20.00 | -21.00 | -22.00 | -23.81 |
| Net earnings | -17.00 | -15.00 | -16.00 | -17.00 | -19.11 |
| Shareholders equity total | 109.00 | 94.00 | 77.00 | 61.00 | 41.25 |
| Balance sheet total (assets) | 134.00 | 133.00 | 134.00 | 141.00 | 123.52 |
| Net debt | 15.00 | 29.00 | 47.00 | 64.00 | 66.17 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -18.6 % | -13.5 % | -14.2 % | -14.5 % | -17.1 % |
| ROE | -25.2 % | -14.8 % | -18.7 % | -24.6 % | -37.4 % |
| ROI | -20.5 % | -14.6 % | -15.4 % | -16.1 % | -19.4 % |
| Economic value added (EVA) | -19.02 | -22.02 | -22.98 | -23.23 | -24.85 |
| Solvency | |||||
| Equity ratio | 81.3 % | 70.7 % | 57.5 % | 43.3 % | 33.4 % |
| Gearing | 13.8 % | 30.9 % | 61.0 % | 104.9 % | 160.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 1.4 | 1.0 | 0.8 | 0.6 |
| Current ratio | 2.3 | 1.4 | 1.0 | 0.8 | 0.6 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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