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

CVR number: 39991926
Lerpøtvej 55, 6800 Varde

Company information

Official name
Varde Fritidscenter Sportellet 2018 A/S
Established
2018
Company form
Limited company
Industry

About Varde Fritidscenter Sportellet 2018 A/S

Varde Fritidscenter Sportellet 2018 A/S (CVR number: 39991926) is a company from VARDE. The company recorded a gross profit of 1619.2 kDKK in 2024. The operating profit was 1135.7 kDKK, while net earnings were 310 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.4 %, 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.

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 profit443.14511.091 376.502 268.441 619.17
EBIT194.61124.81890.531 779.131 135.69
Net earnings-24.68143.28949.12752.92310.00
Shareholders equity total4 985.155 128.436 077.556 830.467 140.47
Balance sheet total (assets)17 007.6630 764.7225 208.9124 965.3628 117.92
Net debt11 396.7424 358.9118 144.9016 662.8517 146.57
Profitability
EBIT-%
ROA1.3 %2.7 %6.3 %7.1 %4.3 %
ROE-0.5 %2.8 %16.9 %11.7 %4.4 %
ROI1.4 %2.8 %6.4 %7.3 %4.6 %
Economic value added (EVA)- 372.36- 724.79- 819.43184.28- 309.33
Solvency
Equity ratio29.3 %16.7 %24.1 %27.4 %25.4 %
Gearing230.4 %488.7 %298.6 %244.0 %240.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.00.10.1
Current ratio0.90.90.00.10.1
Cash and cash equivalents90.70702.302.090.833.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:4.28%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.4%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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