VÆRFTET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VÆRFTET A/S
VÆRFTET A/S (CVR number: 10033969) is a company from THISTED. The company recorded a gross profit of 424.4 kDKK in 2024. The operating profit was -453.6 kDKK, while net earnings were -262.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 046.21 | 244.75 | 1 563.06 | 674.83 | 424.44 |
EBIT | 8.40 | - 620.86 | 857.38 | - 135.98 | - 453.64 |
Net earnings | 49.94 | - 451.82 | 698.56 | -76.33 | - 262.54 |
Shareholders equity total | 3 118.58 | 2 666.76 | 3 365.31 | 3 288.98 | 3 026.45 |
Balance sheet total (assets) | 3 897.01 | 2 988.42 | 4 017.61 | 4 243.02 | 4 525.01 |
Net debt | -1 875.88 | - 624.93 | -1 133.71 | -2 789.76 | -2 976.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | -16.3 % | 25.9 % | -1.8 % | -8.4 % |
ROE | 1.6 % | -15.6 % | 23.2 % | -2.3 % | -8.3 % |
ROI | 2.5 % | -18.7 % | 29.6 % | -2.3 % | -11.6 % |
Economic value added (EVA) | - 151.03 | - 646.12 | 532.21 | - 278.17 | - 510.41 |
Solvency | |||||
Equity ratio | 80.0 % | 89.2 % | 83.8 % | 77.8 % | 66.9 % |
Gearing | 1.4 % | 1.9 % | 0.4 % | 0.3 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 7.3 | 5.9 | 4.1 | 2.5 |
Current ratio | 5.5 | 8.6 | 6.2 | 4.2 | 2.7 |
Cash and cash equivalents | 1 919.94 | 676.16 | 1 147.65 | 2 799.94 | 2 993.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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