FINANSIERINGSSELSKABET AF 27/12 1995. VARDE A/S — Credit Rating and Financial Key Figures

CVR number: 80146914
Dokken 10, 6700 Esbjerg

Credit rating

Company information

Official name
FINANSIERINGSSELSKABET AF 27/12 1995. VARDE A/S
Personnel
1 person
Established
1976
Company form
Limited company
Industry

About FINANSIERINGSSELSKABET AF 27/12 1995. VARDE A/S

FINANSIERINGSSELSKABET AF 27/12 1995. VARDE A/S (CVR number: 80146914) is a company from ESBJERG. The company recorded a gross profit of -43.1 kDKK in 2022. The operating profit was -405.8 kDKK, while net earnings were 3788.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINANSIERINGSSELSKABET AF 27/12 1995. VARDE A/S's liquidity measured by quick ratio was 228 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-37.47-39.57-41.37-46.14-43.07
EBIT- 400.34- 402.01- 393.08- 408.76- 405.76
Net earnings1 457.32135.927 046.24-2 554.273 788.13
Shareholders equity total51 255.8251 337.7458 328.6855 717.9059 448.84
Balance sheet total (assets)51 380.2051 486.4560 329.9655 762.6659 710.76
Net debt-51 364.07-51 358.62-60 144.19-54 736.85-59 278.39
Profitability
EBIT-%
ROA3.7 %0.5 %16.2 %1.5 %8.4 %
ROE2.9 %0.3 %12.9 %-4.5 %6.6 %
ROI3.7 %0.5 %16.5 %1.6 %8.4 %
Economic value added (EVA)- 320.19- 308.54- 304.40- 224.49- 365.75
Solvency
Equity ratio99.8 %99.7 %96.7 %99.9 %99.6 %
Gearing0.0 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio413.1346.230.11 246.0228.0
Current ratio413.1346.230.11 246.0228.0
Cash and cash equivalents51 364.0751 381.4060 206.9154 736.8559 322.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.42%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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