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 Varig Group ApS

Varig Group ApS (CVR number: 25598954) is a company from SORØ. The company recorded a gross profit of 427.4 kDKK in 2023. The operating profit was 0.4 kDKK, while net earnings were 520.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.1 %, 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 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales2 610.68200.00
Gross profit2 580.901 400.0410.79278.73427.39
EBIT2 580.901 200.04-30.88- 131.290.40
Net earnings2 540.131 224.851 245.483 250.23520.77
Shareholders equity total9 267.4310 530.0610 116.1813 053.7113 476.16
Balance sheet total (assets)9 687.5011 946.2210 719.7615 970.0516 607.51
Net debt26.66922.79208.522 376.842 488.84
Profitability
EBIT-%98.9 %600.0 %
ROA27.7 %23.1 %11.2 %24.3 %3.3 %
ROE31.7 %12.4 %12.1 %28.1 %3.9 %
ROI27.8 %23.2 %11.3 %24.4 %3.3 %
Economic value added (EVA)2 939.921 175.59282.92320.47588.31
Solvency
Equity ratio95.7 %88.1 %94.4 %81.7 %81.1 %
Gearing0.3 %9.3 %2.1 %19.2 %19.7 %
Relative net indebtedness %16.1 %682.0 %
Liquidity
Quick ratio33.72.41.30.80.5
Current ratio33.72.41.30.80.5
Cash and cash equivalents0.9152.201.18123.16172.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %56.5 %729.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.33%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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