EDVARS & EDVARS ApS — Credit Rating and Financial Key Figures

CVR number: 33362250
Ahlgade 1 C, 4300 Holbæk

Credit rating

Company information

Official name
EDVARS & EDVARS ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry

About EDVARS & EDVARS ApS

EDVARS & EDVARS ApS (CVR number: 33362250) is a company from HOLBÆK. The company recorded a gross profit of 352.2 kDKK in 2023. The operating profit was 30.1 kDKK, while net earnings were 18.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EDVARS & EDVARS ApS's liquidity measured by quick ratio was 6.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit581.00263.00397.00307.00352.16
EBIT231.0024.00149.0040.0030.14
Net earnings150.0013.00102.0020.0018.07
Shareholders equity total1 557.001 570.001 672.001 192.001 209.65
Balance sheet total (assets)1 939.001 865.001 920.001 630.001 402.57
Net debt- 546.00- 574.00- 451.00- 781.00-25.85
Profitability
EBIT-%
ROA7.0 %1.3 %7.9 %2.3 %2.0 %
ROE9.5 %0.8 %6.3 %1.4 %1.5 %
ROI11.3 %1.4 %8.9 %2.8 %2.5 %
Economic value added (EVA)228.40-20.6364.70-34.851.97
Solvency
Equity ratio80.3 %84.2 %87.1 %73.1 %86.2 %
Gearing10.1 %5.9 %0.8 %0.2 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.75.87.43.56.9
Current ratio4.75.87.43.56.9
Cash and cash equivalents703.00666.00465.00783.0039.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.99%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.2%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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