VARDE MURERNE ApS — Credit Rating and Financial Key Figures

CVR number: 26415292
Bellevuevej 19, 6800 Varde
rs@gixxer.dk

Credit rating

Company information

Official name
VARDE MURERNE ApS
Personnel
3 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About VARDE MURERNE ApS

VARDE MURERNE ApS (CVR number: 26415292) is a company from VARDE. The company recorded a gross profit of 1246.2 kDKK in 2023. The operating profit was 64.9 kDKK, while net earnings were 44.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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. VARDE MURERNE ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit937.27903.141 325.371 418.421 246.21
EBIT-63.15133.0689.4058.3764.85
Net earnings-53.76100.4363.5372.7244.87
Shareholders equity total199.64300.07250.61323.33250.40
Balance sheet total (assets)533.53677.88858.731 102.83711.36
Net debt- 284.74- 580.94- 285.05- 622.02- 358.48
Profitability
EBIT-%
ROA-10.9 %22.0 %11.6 %6.0 %7.3 %
ROE-23.7 %40.2 %23.1 %25.3 %15.6 %
ROI-21.7 %47.8 %24.7 %13.7 %19.2 %
Economic value added (EVA)-42.64110.4483.1946.1564.95
Solvency
Equity ratio37.4 %44.3 %29.2 %29.3 %35.2 %
Gearing25.8 %23.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.31.11.0
Current ratio1.41.71.31.11.0
Cash and cash equivalents336.32580.94344.35622.02358.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.26%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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