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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | -19.04 | 124.67 | 57.57 | 18.36 |
Shareholders equity total | 43 268.56 | 43 249.51 | 43 231.69 | 43 289.26 | 43 307.62 |
Balance sheet total (assets) | 43 281.56 | 43 262.51 | 43 245.28 | 43 305.71 | 43 324.35 |
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 ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 50.7 | 50.5 | 48.4 | 41.0 | 41.1 |
Current ratio | 50.7 | 50.5 | 48.4 | 41.0 | 41.1 |
Cash and cash equivalents | 0.94 | 0.49 | 0.61 | 2.27 | 3.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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