D.B. VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 35408568
Nørregade 34, 6800 Varde
varde@danbolig.dk
tel: 28448516

Credit rating

Company information

Official name
D.B. VARDE ApS
Personnel
7 persons
Established
2013
Company form
Private limited company
Industry

About D.B. VARDE ApS

D.B. VARDE ApS (CVR number: 35408568) is a company from VARDE. The company recorded a gross profit of 3162.9 kDKK in 2024. The operating profit was 908.8 kDKK, while net earnings were 699.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.5 %, which can be considered excellent and Return on Equity (ROE) was 96.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.2 %, 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. D.B. VARDE ApS's liquidity measured by quick ratio was 1.6 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 profit4 020.211 852.161 305.352 525.223 162.91
EBIT1 754.93951.8177.96275.48908.78
Net earnings1 354.91714.8952.22200.06699.18
Shareholders equity total1 498.91863.81166.03646.28799.18
Balance sheet total (assets)3 558.701 891.78887.981 581.941 893.86
Net debt-2 666.39-1 187.20- 271.32- 978.48-1 390.82
Profitability
EBIT-%
ROA64.9 %34.9 %6.3 %22.8 %52.5 %
ROE115.7 %60.5 %10.1 %49.3 %96.7 %
ROI141.7 %77.3 %13.3 %51.2 %120.5 %
Economic value added (EVA)1 381.63798.8375.22223.02720.81
Solvency
Equity ratio43.8 %45.7 %18.7 %40.9 %42.2 %
Gearing122.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.60.91.51.6
Current ratio1.61.60.91.51.6
Cash and cash equivalents2 666.391 187.20475.32978.481 390.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:52.5%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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