VARAS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10119618
Frederiksborgvej 191 A, Himmelev 4000 Roskilde
vagn.rasmussen@privat.dk
tel: 40370446

Company information

Official name
VARAS HOLDING ApS
Established
2003
Domicile
Himmelev
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.4120.51-22.34-25.32
EBIT-4.36-10.4120.51-22.34-25.32
Net earnings22.9475.99-50.2328.7231.11
Shareholders equity total354.37430.36380.13408.85439.96
Balance sheet total (assets)409.03490.73457.75476.13527.24
Net debt- 388.13- 459.80- 396.91- 406.54- 451.25
Profitability
EBIT-%
ROA7.6 %21.7 %4.3 %7.9 %7.9 %
ROE6.7 %19.4 %-12.4 %7.3 %7.3 %
ROI8.7 %23.4 %4.6 %8.3 %8.1 %
Economic value added (EVA)-19.96-26.98-7.12-38.67-43.11
Solvency
Equity ratio86.6 %87.7 %83.0 %85.9 %83.4 %
Gearing5.9 %7.2 %11.3 %13.4 %17.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.58.15.97.16.0
Current ratio7.58.15.97.16.0
Cash and cash equivalents409.03490.70439.81461.31526.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.93%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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