VAER Upcycled ApS — Credit Rating and Financial Key Figures

VAER Upcycled ApS (CVR number: 42993972) is a company from TÅRNBY. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a growth of 367.6 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 0.1 mDKK), while net earnings were 49.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.5 %, which can be considered excellent and Return on Equity (ROE) was 109.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -23 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. VAER Upcycled ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.