Fonden Varefakta — Credit Rating and Financial Key Figures

CVR number: 41791160
Stationsparken 26, 2600 Glostrup

Company information

Official name
Fonden Varefakta
Personnel
23 persons
Established
2020
Industry

About Fonden Varefakta

Fonden Varefakta (CVR number: 41791160) is a company from GLOSTRUP. The company recorded a gross profit of 13.9 mDKK in 2024. The operating profit was 697.1 kDKK, while net earnings were 795.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Fonden Varefakta's liquidity measured by quick ratio was 5.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales8 272.7614 682.35
Gross profit6 913.9913 818.9811 667.0111 447.9713 891.81
EBIT- 245.47832.691 646.321 115.35697.14
Net earnings- 300.24739.141 426.601 154.07795.11
Shareholders equity total5 978.636 717.778 144.379 298.4410 093.56
Balance sheet total (assets)12 174.349 037.7910 142.7611 512.4312 151.30
Net debt-6 325.75-4 391.93-6 535.42-7 596.02-7 986.34
Profitability
EBIT-%-3.0 %5.7 %
ROA-2.0 %7.9 %17.2 %10.7 %6.5 %
ROE-5.0 %11.6 %19.2 %13.2 %8.2 %
ROI-4.1 %13.0 %22.0 %13.3 %7.9 %
Economic value added (EVA)- 262.05532.271 152.07730.65259.60
Solvency
Equity ratio49.1 %74.3 %80.3 %80.8 %83.1 %
Gearing
Relative net indebtedness %-1.6 %-14.8 %
Liquidity
Quick ratio1.93.44.54.75.6
Current ratio1.93.44.54.75.6
Cash and cash equivalents6 325.754 391.936 535.427 596.027 986.34
Capital use efficiency
Trade debtors turnover (days)115.342.4
Net working capital %60.8 %36.1 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:6.50%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Chief executive officer

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