Varmekilden ApS — Credit Rating and Financial Key Figures

CVR number: 37338540
Gl. Evetoftevej 40, 3300 Frederiksværk
vvs@varmekilden.dk
www.varmekilden.dk

Credit rating

Company information

Official name
Varmekilden ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Varmekilden ApS

Varmekilden ApS (CVR number: 37338540) is a company from HALSNÆS. The company recorded a gross profit of 876.7 kDKK in 2024. The operating profit was 319.1 kDKK, while net earnings were 248.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Varmekilden ApS's liquidity measured by quick ratio was 1.7 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 profit1 153.031 029.47879.21712.55876.71
EBIT512.02500.82347.55156.41319.11
Net earnings395.80397.62254.94121.98248.14
Shareholders equity total608.31755.93710.87632.85580.99
Balance sheet total (assets)1 389.621 424.311 208.301 156.911 192.42
Net debt- 737.08- 724.98- 777.28- 395.07- 501.53
Profitability
EBIT-%
ROA26.0 %35.6 %26.4 %13.2 %27.2 %
ROE39.2 %58.3 %34.8 %18.2 %40.9 %
ROI50.7 %73.4 %47.0 %20.2 %39.3 %
Economic value added (EVA)328.37371.76222.2185.66206.84
Solvency
Equity ratio43.8 %53.1 %58.8 %54.7 %48.7 %
Gearing27.6 %35.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.92.21.81.7
Current ratio1.61.92.21.81.7
Cash and cash equivalents737.08724.98777.28569.82708.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.7%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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