EDC REKREA VARDE A/S — Credit Rating and Financial Key Figures

CVR number: 27610501
Torvet 4, 6800 Varde
680@edc.dk
tel: 75210533

Credit rating

Company information

Official name
EDC REKREA VARDE A/S
Personnel
7 persons
Established
2004
Company form
Limited company
Industry

About EDC REKREA VARDE A/S

EDC REKREA VARDE A/S (CVR number: 27610501) is a company from VARDE. The company recorded a gross profit of 6329.4 kDKK in 2024. The operating profit was 3181.4 kDKK, while net earnings were 2570.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.4 %, which can be considered excellent and Return on Equity (ROE) was 72.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EDC REKREA VARDE A/S's liquidity measured by quick ratio was 3.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 766.865 629.206 299.774 701.366 329.45
EBIT2 783.722 552.633 271.971 729.453 181.45
Net earnings2 247.032 017.362 662.181 371.672 570.52
Shareholders equity total3 678.703 496.064 158.242 929.914 200.43
Balance sheet total (assets)4 717.114 506.705 060.294 112.735 363.39
Net debt-2 836.72-2 280.14-2 956.06-1 798.43-3 006.46
Profitability
EBIT-%
ROA62.7 %56.5 %71.2 %40.1 %69.4 %
ROE65.0 %56.2 %69.6 %38.7 %72.1 %
ROI80.7 %71.2 %89.0 %51.9 %92.2 %
Economic value added (EVA)2 186.251 978.142 526.941 314.002 472.16
Solvency
Equity ratio78.0 %77.6 %82.2 %71.2 %78.3 %
Gearing3.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.44.02.33.3
Current ratio3.63.44.02.33.3
Cash and cash equivalents2 981.462 280.142 956.061 798.433 006.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:69.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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