DB VARDE A/S — Credit Rating and Financial Key Figures

CVR number: 10038618
Farvervej 1, 8800 Viborg

Credit rating

Company information

Official name
DB VARDE A/S
Established
2000
Company form
Limited company
Industry

About DB VARDE A/S

DB VARDE A/S (CVR number: 10038618) is a company from VIBORG. The company recorded a gross profit of -22.7 kDKK in 2024. The operating profit was -22.7 kDKK, while net earnings were 18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DB VARDE A/S's liquidity measured by quick ratio was 41.1 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 profit-22.84-22.75-21.50-21.50-22.67
EBIT-22.84-22.75-21.50-21.50-22.67
Net earnings-1 116.99-19.04124.6757.5718.36
Shareholders equity total43 268.5643 249.5143 231.6943 289.2643 307.62
Balance sheet total (assets)43 281.5643 262.5143 245.2843 305.7143 324.35
Net debt-0.94-0.49-0.61-2.27-3.18
Profitability
EBIT-%
ROA-2.5 %-0.0 %0.3 %0.1 %0.1 %
ROE-2.5 %-0.0 %0.3 %0.1 %0.0 %
ROI-2.6 %-0.0 %0.3 %0.1 %0.1 %
Economic value added (EVA)-2 253.15-2 196.95-2 194.76-2 189.13-2 192.85
Solvency
Equity ratio100.0 %100.0 %100.0 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio50.750.548.441.041.1
Current ratio50.750.548.441.041.1
Cash and cash equivalents0.940.490.612.273.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.05%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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