VARDE KØLESERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 26297176
Nordre Boulevard 96 B, 6800 Varde
tel: 75221117

Credit rating

Company information

Official name
VARDE KØLESERVICE ApS
Personnel
8 persons
Established
2001
Company form
Private limited company
Industry

About VARDE KØLESERVICE ApS

VARDE KØLESERVICE ApS (CVR number: 26297176) is a company from VARDE. The company recorded a gross profit of 6559.6 kDKK in 2024. The operating profit was 511.6 kDKK, while net earnings were 403.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 76.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VARDE KØLESERVICE ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit4 424.764 572.955 100.055 758.276 559.62
EBIT502.81516.58505.84512.05511.62
Net earnings381.25382.47381.74403.44403.76
Shareholders equity total506.25507.47506.74528.44528.76
Balance sheet total (assets)6 265.016 425.116 139.238 713.317 665.04
Net debt2 406.452 134.262 548.284 055.653 508.06
Profitability
EBIT-%
ROA8.4 %8.2 %8.2 %7.1 %6.4 %
ROE58.1 %75.5 %75.3 %77.9 %76.4 %
ROI11.6 %11.0 %10.2 %9.7 %9.2 %
Economic value added (EVA)181.34172.43149.69135.44115.14
Solvency
Equity ratio8.1 %7.9 %8.3 %6.1 %6.9 %
Gearing779.5 %828.6 %904.6 %942.8 %983.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.80.60.6
Current ratio0.80.80.80.70.6
Cash and cash equivalents1 539.722 070.682 035.79926.361 692.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.90%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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