REFGAARD ApS — Credit Rating and Financial Key Figures

REFGAARD ApS (CVR number: 34587434) is a company from VARDE. The company recorded a gross profit of -4.1 kDKK in 2024. The operating profit was -4.1 kDKK, while net earnings were -691.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. REFGAARD ApS's liquidity measured by quick ratio was 4.1 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.