VÆRNET ApS — Credit Rating and Financial Key Figures

CVR number: 32649742
Teglvangen 27, 8340 Malling

Credit rating

Company information

Official name
VÆRNET ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About VÆRNET ApS

VÆRNET ApS (CVR number: 32649742) is a company from AARHUS. The company recorded a gross profit of -139.6 kDKK in 2023. The operating profit was -168.4 kDKK, while net earnings were 722.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.5 %, which can be considered excellent and Return on Equity (ROE) was 36.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VÆRNET ApS's liquidity measured by quick ratio was 160.9 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-5.74-4.58-4.63-5.73- 139.60
EBIT-5.74-42.58-4.63-5.73- 168.39
Net earnings- 192.51221.47130.8747.24722.27
Shareholders equity total1 502.041 723.511 741.381 674.222 278.69
Balance sheet total (assets)1 507.041 786.811 780.401 687.152 292.94
Net debt- 636.06- 935.46-1 000.89- 988.82-2 265.69
Profitability
EBIT-%
ROA-11.4 %13.3 %7.7 %3.1 %36.5 %
ROE-11.7 %13.7 %7.6 %2.8 %36.5 %
ROI-11.5 %13.6 %7.9 %3.2 %36.8 %
Economic value added (EVA)-22.94-53.99-3.57-7.64- 181.61
Solvency
Equity ratio99.7 %96.5 %97.8 %99.2 %99.4 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio196.615.828.285.6160.9
Current ratio196.615.828.285.6160.9
Cash and cash equivalents636.06935.461 000.96988.892 265.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:36.5%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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