MATHIESEN INVEST. VARDE A/S — Credit Rating and Financial Key Figures

CVR number: 84968412
Håndværkervej 5, 6800 Varde

Company information

Official name
MATHIESEN INVEST. VARDE A/S
Established
1982
Company form
Limited company
Industry

About MATHIESEN INVEST. VARDE A/S

MATHIESEN INVEST. VARDE A/S (CVR number: 84968412) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MATHIESEN INVEST. VARDE A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit37.2738.10
EBIT37.2763.10
Net earnings-1.1682.28
Shareholders equity total581.24583.52
Balance sheet total (assets)2 204.792 308.17
Net debt-37.68-38.73
Profitability
EBIT-%
ROA1.9 %5.7 %
ROE-0.2 %14.1 %
ROI6.9 %21.6 %
Economic value added (EVA)37.2746.57-27.38
Solvency
Equity ratio26.4 %25.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.0
Current ratio0.00.0
Cash and cash equivalents37.6838.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

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