VARDE GARTEN & Von Lügenhals A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VARDE GARTEN & Von Lügenhals A/S
VARDE GARTEN & Von Lügenhals A/S (CVR number: 41958537) is a company from VARDE. The company recorded a gross profit of 4831.6 kDKK in 2024. The operating profit was -830.2 kDKK, while net earnings were -646.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -41.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VARDE GARTEN & Von Lügenhals A/S's liquidity measured by quick ratio was 2.4 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 917.10 | 3 111.58 | 6 063.29 | 4 831.56 |
EBIT | -3 746.23 | -2 222.66 | 397.54 | - 830.21 |
Net earnings | -2 940.00 | -1 996.15 | 523.25 | - 646.75 |
Shareholders equity total | -2 440.00 | -4 436.15 | -3 912.90 | 1 440.34 |
Balance sheet total (assets) | 1 408.27 | 1 164.23 | 1 710.72 | 3 025.25 |
Net debt | 2 531.47 | 4 155.14 | 3 525.63 | - 244.15 |
Profitability | ||||
EBIT-% | ||||
ROA | -97.3 % | -47.0 % | 7.1 % | -19.1 % |
ROE | -208.8 % | -155.2 % | 36.4 % | -41.1 % |
ROI | -133.9 % | -61.9 % | 9.4 % | -29.6 % |
Economic value added (EVA) | -2 922.56 | -1 958.66 | 524.86 | - 658.95 |
Solvency | ||||
Equity ratio | -70.1 % | -85.3 % | -75.1 % | 56.2 % |
Gearing | -114.7 % | -98.7 % | -105.7 % | 0.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.4 | 0.2 | 0.3 | 2.4 |
Current ratio | 0.4 | 0.2 | 0.3 | 1.9 |
Cash and cash equivalents | 266.83 | 224.25 | 609.23 | 252.14 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | B | BB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.