VARNÆSVEJ 599 ApS — Credit Rating and Financial Key Figures

CVR number: 27397344
Varnæsvej 599, 6200 Aabenraa
jens.groenbaek@advancedtooling.dk
tel: 20102772
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Credit rating

Company information

Official name
VARNÆSVEJ 599 ApS
Personnel
3 persons
Established
2003
Company form
Private limited company
Industry

About VARNÆSVEJ 599 ApS

VARNÆSVEJ 599 ApS (CVR number: 27397344) is a company from AABENRAA. The company recorded a gross profit of 522.7 kDKK in 2024. The operating profit was -117.3 kDKK, while net earnings were -95.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -25.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. VARNÆSVEJ 599 ApS's liquidity measured by quick ratio was 2.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 009.63719.99753.31651.19522.75
EBIT95.62118.07196.6266.01- 117.25
Net earnings71.3378.66147.1042.99-95.81
Shareholders equity total155.46234.12381.22424.21328.40
Balance sheet total (assets)681.21346.23523.18658.79510.39
Net debt-76.94- 120.81- 138.73- 295.33- 200.94
Profitability
EBIT-%
ROA20.0 %23.0 %45.3 %11.2 %-20.0 %
ROE59.5 %40.4 %47.8 %10.7 %-25.5 %
ROI35.4 %33.9 %59.7 %14.7 %-27.9 %
Economic value added (EVA)69.5861.96136.1224.71- 117.34
Solvency
Equity ratio22.8 %67.6 %72.9 %64.4 %64.3 %
Gearing193.6 %2.6 %10.4 %13.7 %8.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.02.62.02.1
Current ratio1.33.13.72.82.8
Cash and cash equivalents377.99126.81178.20353.53229.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-20.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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