VOGNMANDSFIRMAET MARTIN OLESEN. VARDE ApS — Credit Rating and Financial Key Figures

VOGNMANDSFIRMAET MARTIN OLESEN. VARDE ApS (CVR number: 17862383) is a company from VARDE. The company recorded a gross profit of 437.7 kDKK in 2018. The operating profit was -195.1 kDKK, while net earnings were -202.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.2 %, which can be considered poor and Return on Equity (ROE) was -41.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VOGNMANDSFIRMAET MARTIN OLESEN. VARDE ApS's liquidity measured by quick ratio was 3 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.