Den Erhvervsdrivende Fond Varde Fritidscenter 2018 — Credit Rating and Financial Key Figures

Den Erhvervsdrivende Fond Varde Fritidscenter 2018 (CVR number: 39679671) is a company from VARDE. The company reported a net sales of 26.9 mDKK in 2024, demonstrating a growth of 4 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 2 mDKK), while net earnings were 1585.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. Den Erhvervsdrivende Fond Varde Fritidscenter 2018's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.