VARAS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VARAS HOLDING ApS
VARAS HOLDING ApS (CVR number: 10119618) is a company from ROSKILDE. The company recorded a gross profit of -25.3 kDKK in 2024. The operating profit was -25.3 kDKK, while net earnings were 31.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VARAS HOLDING ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.41 | 20.51 | -22.34 | -25.32 | |
EBIT | -4.36 | -10.41 | 20.51 | -22.34 | -25.32 |
Net earnings | 22.94 | 75.99 | -50.23 | 28.72 | 31.11 |
Shareholders equity total | 354.37 | 430.36 | 380.13 | 408.85 | 439.96 |
Balance sheet total (assets) | 409.03 | 490.73 | 457.75 | 476.13 | 527.24 |
Net debt | - 388.13 | - 459.80 | - 396.91 | - 406.54 | - 451.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.6 % | 21.7 % | 4.3 % | 7.9 % | 7.9 % |
ROE | 6.7 % | 19.4 % | -12.4 % | 7.3 % | 7.3 % |
ROI | 8.7 % | 23.4 % | 4.6 % | 8.3 % | 8.1 % |
Economic value added (EVA) | -19.96 | -26.98 | -7.12 | -38.67 | -43.11 |
Solvency | |||||
Equity ratio | 86.6 % | 87.7 % | 83.0 % | 85.9 % | 83.4 % |
Gearing | 5.9 % | 7.2 % | 11.3 % | 13.4 % | 17.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.5 | 8.1 | 5.9 | 7.1 | 6.0 |
Current ratio | 7.5 | 8.1 | 5.9 | 7.1 | 6.0 |
Cash and cash equivalents | 409.03 | 490.70 | 439.81 | 461.31 | 526.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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