Varig Group ApS — Credit Rating and Financial Key Figures

CVR number: 25598954
Varig Allé 1, 4180 Sorø

Company information

Official name
Varig Group ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About Varig Group ApS

Varig Group ApS (CVR number: 25598954) is a company from SORØ. The company recorded a gross profit of 362.4 kDKK in 2024. The operating profit was -62.2 kDKK, while net earnings were 1277.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.5 %, 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
2020
2021
2022
2023
2024
Volume
Net sales200.00
Gross profit1 400.0410.79278.73427.39362.40
EBIT1 200.04-30.88- 131.290.40-62.21
Net earnings1 224.851 245.483 250.23520.771 277.91
Shareholders equity total10 530.0610 116.1813 053.7113 476.1614 613.23
Balance sheet total (assets)11 946.2210 719.7615 970.0516 607.5117 927.98
Net debt922.79208.522 376.842 488.842 558.98
Profitability
EBIT-%600.0 %
ROA23.1 %11.2 %24.3 %3.3 %8.0 %
ROE12.4 %12.1 %28.1 %3.9 %9.1 %
ROI23.2 %11.3 %24.4 %3.4 %8.2 %
Economic value added (EVA)468.95- 602.22- 621.28- 781.26- 859.53
Solvency
Equity ratio88.1 %94.4 %81.7 %81.1 %81.5 %
Gearing9.3 %2.1 %19.2 %19.7 %19.8 %
Relative net indebtedness %682.0 %
Liquidity
Quick ratio2.41.30.80.50.5
Current ratio2.41.30.80.50.5
Cash and cash equivalents52.201.18123.16172.02333.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %729.9 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.01%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.5%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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