K/S INDUSTRIVEJ 1. VARDE — Credit Rating and Financial Key Figures

CVR number: 24253996
Jupitervænget 65, 6710 Esbjerg V
ertmann@stofanet.dk
tel: 75157149

Credit rating

Company information

Official name
K/S INDUSTRIVEJ 1. VARDE
Established
1997
Company form
Limited partnership
Industry

About K/S INDUSTRIVEJ 1. VARDE

K/S INDUSTRIVEJ 1. VARDE (CVR number: 24253996) is a company from ESBJERG. The company recorded a gross profit of 483.4 kDKK in 2024. The operating profit was 466.4 kDKK, while net earnings were 466.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 133.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K/S INDUSTRIVEJ 1. VARDE's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit466.42484.89482.30618.95483.38
EBIT449.49467.97465.37602.02466.45
Net earnings424.92444.96438.86602.02466.45
Shareholders equity total-1 369.49- 924.53- 485.67116.36582.81
Balance sheet total (assets)2 413.672 531.072 423.482 343.072 345.26
Net debt3 393.133 073.752 629.321 969.291 471.62
Profitability
EBIT-%
ROA11.3 %12.9 %14.7 %22.9 %19.9 %
ROE17.6 %18.0 %17.7 %47.4 %133.4 %
ROI12.1 %14.0 %15.8 %25.0 %22.2 %
Economic value added (EVA)471.69478.89464.97629.98462.15
Solvency
Equity ratio-36.2 %-26.8 %-16.7 %5.0 %24.9 %
Gearing-252.3 %-347.6 %-555.9 %1718.8 %257.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.00.0
Current ratio0.00.10.00.00.0
Cash and cash equivalents61.80140.3870.6830.7128.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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