VARIG TEKNIK & MILJØ A/S — Credit Rating and Financial Key Figures

CVR number: 25615700
Varig Allé 1, 4180 Sorø
tel: 70231041
Free credit report Annual report

Company information

Official name
VARIG TEKNIK & MILJØ A/S
Personnel
27 persons
Established
2000
Company form
Limited company
Industry

About VARIG TEKNIK & MILJØ A/S

VARIG TEKNIK & MILJØ A/S (CVR number: 25615700) is a company from SORØ. The company recorded a gross profit of 19.2 mDKK in 2024. The operating profit was 1726.9 kDKK, while net earnings were 1314.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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. VARIG TEKNIK & MILJØ A/S's liquidity measured by quick ratio was 1.8 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 profit11 951.0013 223.0017 115.6217 093.2319 210.67
EBIT709.00747.003 142.721 731.941 726.88
Net earnings535.00573.002 408.241 341.881 314.14
Shareholders equity total5 845.006 118.008 526.529 868.3911 182.53
Balance sheet total (assets)16 191.0022 506.0021 352.3421 205.9619 796.81
Net debt529.41-3 327.04119.81
Profitability
EBIT-%
ROA4.6 %3.9 %14.4 %8.2 %8.6 %
ROE9.6 %9.6 %32.9 %14.6 %12.5 %
ROI4.6 %3.9 %18.0 %14.2 %13.3 %
Economic value added (EVA)442.17453.292 136.94724.06718.13
Solvency
Equity ratio100.0 %100.0 %40.5 %46.5 %56.5 %
Gearing31.2 %11.2 %12.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.8
Current ratio1.61.82.3
Cash and cash equivalents2 130.624 433.441 276.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.61%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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