Varde Fritidscenter Sportellet 2018 A/S — Credit Rating and Financial Key Figures

Varde Fritidscenter Sportellet 2018 A/S (CVR number: 39991926) is a company from VARDE. The company recorded a gross profit of 2268.4 kDKK in 2023. The operating profit was 1779.1 kDKK, while net earnings were 752.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Varde Fritidscenter Sportellet 2018 A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.