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
20192020202120222023
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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