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DB VARDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DB VARDE A/S
DB VARDE A/S (CVR number: 10038618) is a company from VIBORG. The company recorded a gross profit of -23.9 kDKK in 2025. The operating profit was -23.9 kDKK, while net earnings were 1401.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. DB VARDE A/S's liquidity measured by quick ratio was 11.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -22.75 | -21.50 | -21.50 | -22.67 | -23.86 |
| EBIT | -22.75 | -21.50 | -21.50 | -22.67 | -23.86 |
| Net earnings | -19.04 | 124.67 | 57.57 | 18.36 | 1 401.70 |
| Shareholders equity total | 43 249.51 | 43 231.69 | 43 289.26 | 43 307.62 | 40 921.67 |
| Balance sheet total (assets) | 43 262.51 | 43 245.28 | 43 305.71 | 43 324.35 | 58 909.01 |
| Net debt | -0.49 | -0.61 | -2.27 | -3.18 | 17 974.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.0 % | 0.3 % | 0.1 % | 0.1 % | 3.7 % |
| ROE | -0.0 % | 0.3 % | 0.1 % | 0.0 % | 3.3 % |
| ROI | -0.0 % | 0.3 % | 0.1 % | 0.1 % | 3.7 % |
| Economic value added (EVA) | -2 197.00 | -2 194.79 | -2 189.16 | -2 192.97 | -2 194.82 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 69.5 % |
| Gearing | 43.9 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 50.5 | 48.4 | 41.0 | 41.1 | 11.1 |
| Current ratio | 50.5 | 48.4 | 41.0 | 41.1 | 11.1 |
| Cash and cash equivalents | 0.49 | 0.61 | 2.27 | 3.18 | 0.07 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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