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Varig Group ApS

CVR number: 25598954
Varig Allé 1, 4180 Sorø

Credit rating

Company information

Official name
Varig Group ApS
Personnel
2 persons
Established
2000
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

Varig Group ApS (CVR number: 25598954) is a company from SORØ. The company recorded a gross profit of 278.7 kDKK in 2022. The operating profit was -131.3 kDKK, while net earnings were 3250.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Varig Group ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales77.352 610.68200.00
Gross profit50.882 580.901 400.0410.79278.73
EBIT50.882 580.901 200.04-30.88- 131.29
Net earnings0.722 540.131 224.851 245.483 250.23
Shareholders equity total6 754.969 267.4310 530.0610 116.1813 053.71
Balance sheet total (assets)9 312.829 687.5011 946.2210 719.7615 970.05
Net debt2 160.8326.66922.79208.522 376.84
Profitability
EBIT-%65.8 %98.9 %600.0 %
ROA1.2 %27.7 %23.1 %11.2 %24.3 %
ROE0.0 %31.7 %12.4 %12.1 %28.1 %
ROI1.2 %27.8 %23.2 %11.3 %24.4 %
Economic value added (EVA)332.182 939.921 175.59282.92320.47
Solvency
Equity ratio72.5 %95.7 %88.1 %94.4 %81.7 %
Gearing32.0 %0.3 %9.3 %2.1 %19.2 %
Relative net indebtedness %3302.8 %16.1 %682.0 %
Liquidity
Quick ratio0.733.72.41.30.8
Current ratio0.733.72.41.30.8
Cash and cash equivalents3.280.9152.201.18123.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-977.0 %56.5 %729.9 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:24.3%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Equity ratio:81.7%
Rating: 61/100
-1%
21%
50%
81%
99%
100%

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-07-12T11:31:01.855Z

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