VÆRFTET A/S — Credit Rating and Financial Key Figures

CVR number: 10033969
Nordre Strandvej 51-53, 7730 Hanstholm

Credit rating

Company information

Official name
VÆRFTET A/S
Personnel
1 person
Established
2000
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About VÆRFTET A/S

VÆRFTET A/S (CVR number: 10033969) is a company from THISTED. The company recorded a gross profit of 674.8 kDKK in 2023. The operating profit was -136 kDKK, while net earnings were -76.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.8 %, 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. VÆRFTET A/S's liquidity measured by quick ratio was 4.1 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 profit1 322.921 046.21244.751 563.06674.83
EBIT215.468.40- 620.86857.38- 135.98
Net earnings227.8949.94- 451.82698.56-76.33
Shareholders equity total3 068.643 118.582 666.763 365.313 288.98
Balance sheet total (assets)4 478.513 897.012 988.424 017.614 243.02
Net debt- 865.96-1 875.88- 624.93-1 133.71-2 789.76
Profitability
EBIT-%
ROA6.8 %1.9 %-16.3 %25.9 %-1.8 %
ROE7.7 %1.6 %-15.6 %23.2 %-2.3 %
ROI10.3 %2.5 %-18.7 %29.6 %-2.3 %
Economic value added (EVA)39.06- 102.30- 545.82568.76- 218.05
Solvency
Equity ratio68.5 %80.0 %89.2 %83.8 %77.8 %
Gearing1.2 %1.4 %1.9 %0.4 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.84.97.35.94.1
Current ratio3.15.58.66.24.2
Cash and cash equivalents902.261 919.94676.161 147.652 799.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:-1.85%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.8%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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