K.H. HOLDING VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 29633274
Kærhøgevej 18, 6800 Varde

Company information

Official name
K.H. HOLDING VARDE ApS
Established
2006
Company form
Private limited company
Industry

About K.H. HOLDING VARDE ApS

K.H. HOLDING VARDE ApS (CVR number: 29633274) is a company from VARDE. The company recorded a gross profit of -33.1 kDKK in 2023. The operating profit was -33.1 kDKK, while net earnings were 7743.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good but Return on Equity (ROE) was 15 %, which can be considered excellent. 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. K.H. HOLDING VARDE ApS's liquidity measured by quick ratio was 52.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.25-10.00-64.13-31.50-33.13
EBIT-12.25-10.00-64.13-31.50-33.13
Net earnings2 156.916 396.377 032.766 287.717 743.66
Shareholders equity total35 120.0937 516.4641 536.2347 709.5355 335.40
Balance sheet total (assets)36 155.4740 776.0845 022.7251 027.8259 142.11
Net debt-5 422.00-5 021.82-3 861.87-4 080.38-4 065.87
Profitability
EBIT-%
ROA6.6 %17.0 %16.7 %13.2 %14.2 %
ROE6.3 %17.6 %17.8 %14.1 %15.0 %
ROI6.8 %18.0 %18.1 %14.2 %15.2 %
Economic value added (EVA)972.87-1 290.65- 928.59- 466.91- 197.59
Solvency
Equity ratio97.1 %92.0 %92.3 %93.5 %93.6 %
Gearing0.5 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2 267.3205.9137.2120.252.2
Current ratio2 267.3205.9137.2120.252.2
Cash and cash equivalents5 422.005 021.823 861.874 321.814 247.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:14.2%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.6%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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