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

CVR number: 39679671
Lerpøtvej 55, 6800 Varde
Free credit report Annual report

Company information

Official name
Den Erhvervsdrivende Fond Varde Fritidscenter 2018
Personnel
70 persons
Established
2018
Industry

About Den Erhvervsdrivende Fond Varde Fritidscenter 2018

Den Erhvervsdrivende Fond Varde Fritidscenter 2018 (CVR number: 39679671) is a company from VARDE. The company reported a net sales of 27.7 mDKK in 2025, demonstrating a growth of 3.2 % compared to the previous year. The operating profit percentage was at 6.1 % (EBIT: 1.7 mDKK), while net earnings were 1779.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, 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 32.6 %, 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 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales23 391.8525 837.7826 858.4127 710.29
Gross profit20 597.5814 768.4616 066.5216 542.0417 245.66
EBIT1 910.401 395.821 821.582 025.541 691.40
Net earnings1 010.111 657.551 883.041 585.511 779.87
Shareholders equity total9 261.6910 919.2312 802.2714 387.7816 167.64
Balance sheet total (assets)53 195.8652 272.6850 791.9250 469.9749 692.89
Net debt38 391.8037 263.0832 363.7429 631.2527 957.62
Profitability
EBIT-%6.0 %7.1 %7.5 %6.1 %
ROA4.2 %4.4 %5.0 %4.6 %4.8 %
ROE11.5 %16.4 %15.9 %11.7 %11.7 %
ROI4.7 %4.8 %5.3 %4.9 %5.1 %
Economic value added (EVA)- 420.98-1 356.38-1 070.41- 830.89-1 018.34
Solvency
Equity ratio17.4 %20.9 %25.2 %28.5 %32.6 %
Gearing415.7 %342.5 %254.1 %213.9 %182.4 %
Relative net indebtedness %171.9 %141.2 %125.0 %110.7 %
Liquidity
Quick ratio0.20.40.40.70.8
Current ratio0.20.40.40.70.8
Cash and cash equivalents109.64136.06168.061 139.071 532.17
Capital use efficiency
Trade debtors turnover (days)21.020.916.115.8
Net working capital %-14.4 %-13.2 %-4.9 %-2.2 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.82%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:32.6%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
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Roles

Chairman of the board
Board member
Board member

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