VARMINGS BOGHANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 76451419
Jørgen Pedersens Vej 14, 6700 Esbjerg
tel: 75456038

Credit rating

Company information

Official name
VARMINGS BOGHANDEL ApS
Personnel
4 persons
Established
1984
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About VARMINGS BOGHANDEL ApS

VARMINGS BOGHANDEL ApS (CVR number: 76451419) is a company from ESBJERG. The company recorded a gross profit of 326.7 kDKK in 2024. The operating profit was -335 kDKK, while net earnings were -273.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.7 %, which can be considered poor and Return on Equity (ROE) was -22.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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. VARMINGS BOGHANDEL ApS's liquidity measured by quick ratio was 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit570.24892.88656.98566.32326.71
EBIT50.09162.80- 118.83-91.45- 334.97
Net earnings28.92143.51- 139.1829.52- 273.82
Shareholders equity total1 511.451 601.951 406.271 378.591 045.86
Balance sheet total (assets)2 153.962 392.552 014.001 916.741 536.24
Net debt- 701.49- 897.33- 579.43- 484.75- 180.54
Profitability
EBIT-%
ROA2.3 %8.3 %-5.3 %1.6 %-15.7 %
ROE1.9 %9.2 %-9.3 %2.1 %-22.6 %
ROI3.3 %12.2 %-7.7 %2.2 %-22.3 %
Economic value added (EVA)-3.1885.41- 154.24- 132.83- 379.60
Solvency
Equity ratio71.9 %68.4 %71.6 %74.4 %71.1 %
Gearing0.2 %0.4 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.61.41.51.1
Current ratio3.23.13.33.63.1
Cash and cash equivalents701.49897.33582.74490.40188.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:-15.7%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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