Varna Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39797607
Havnevej 8, 8500 Grenaa

Credit rating

Company information

Official name
Varna Ejendomme ApS
Established
2018
Company form
Private limited company
Industry

About Varna Ejendomme ApS

Varna Ejendomme ApS (CVR number: 39797607) is a company from NORDDJURS. The company recorded a gross profit of 64.1 kDKK in 2023. The operating profit was -921.7 kDKK, while net earnings were -1255.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Varna Ejendomme ApS's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 265.86- 196.41- 170.72202.0964.11
EBIT- 265.86- 209.49- 259.4037.82- 921.65
Net earnings- 629.21- 502.90- 585.97- 414.79-1 255.92
Shareholders equity total- 429.21- 932.11-1 518.08-1 932.8718 811.21
Balance sheet total (assets)21 756.3721 650.4521 721.0521 921.8319 615.19
Net debt21 617.2020 650.1421 651.6122 331.91- 344.54
Profitability
EBIT-%
ROA-1.2 %-0.9 %-1.1 %0.2 %-3.7 %
ROE-2.9 %-2.3 %-2.7 %-1.9 %-6.2 %
ROI-1.2 %-1.0 %-1.2 %0.2 %-3.8 %
Economic value added (EVA)- 207.36- 124.61- 152.38123.09- 719.96
Solvency
Equity ratio-1.9 %-4.1 %-6.5 %-8.1 %95.9 %
Gearing-5120.7 %-2248.5 %-1439.7 %-1161.3 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.01.8
Current ratio0.00.00.00.01.8
Cash and cash equivalents361.38307.88203.78113.861 108.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-3.72%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.9%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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