VARDE SKILTE ApS — Credit Rating and Financial Key Figures

CVR number: 26841674
Industrivej 10, 6800 Varde
ulrik@varde-skilte.dk
tel: 75211211
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Company information

Official name
VARDE SKILTE ApS
Personnel
3 persons
Established
2002
Company form
Private limited company
Industry

About VARDE SKILTE ApS

VARDE SKILTE ApS (CVR number: 26841674) is a company from VARDE. The company recorded a gross profit of 1632.8 kDKK in 2024. The operating profit was 462.8 kDKK, while net earnings were 357.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 28.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VARDE SKILTE ApS's liquidity measured by quick ratio was 2.2 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 profit1 128.121 333.721 378.621 528.611 632.83
EBIT198.03188.62185.13367.48462.82
Net earnings148.3338.23311.09414.03357.30
Shareholders equity total366.42404.65715.741 129.781 387.07
Balance sheet total (assets)1 047.241 063.461 378.751 522.321 776.11
Net debt- 204.12-49.33- 515.52- 909.24- 557.71
Profitability
EBIT-%
ROA18.3 %21.9 %33.2 %37.6 %28.3 %
ROE50.8 %9.9 %55.5 %44.9 %28.4 %
ROI31.1 %37.4 %51.1 %51.5 %34.8 %
Economic value added (EVA)118.75118.62110.80240.12299.97
Solvency
Equity ratio35.0 %38.1 %51.9 %74.2 %78.1 %
Gearing54.7 %65.0 %28.2 %6.4 %5.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.82.92.2
Current ratio1.21.42.03.42.9
Cash and cash equivalents404.52312.42717.68981.72632.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:28.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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