Varde Gulve ApS — Credit Rating and Financial Key Figures

CVR number: 39610167
Nordre Boulevard 203 B, 6800 Varde
bjarke@vardegulve.dk
tel: 93105566
varde.dk

Credit rating

Company information

Official name
Varde Gulve ApS
Personnel
7 persons
Established
2018
Company form
Private limited company
Industry

About Varde Gulve ApS

Varde Gulve ApS (CVR number: 39610167) is a company from VARDE. The company recorded a gross profit of 3631 kDKK in 2024. The operating profit was 526.7 kDKK, while net earnings were 409.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 57.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Varde Gulve ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 796.143 003.003 454.523 181.123 631.00
EBIT100.98778.00815.96327.67526.74
Net earnings72.96601.00628.99259.01409.63
Shareholders equity total465.82947.00975.42634.43794.06
Balance sheet total (assets)1 478.031 817.001 859.821 577.511 862.48
Net debt- 386.09- 463.00- 668.78- 155.65- 732.15
Profitability
EBIT-%
ROA7.7 %47.2 %44.4 %19.3 %30.7 %
ROE16.1 %85.1 %65.4 %32.2 %57.4 %
ROI15.9 %91.8 %83.9 %40.7 %73.2 %
Economic value added (EVA)69.54607.14611.09245.02386.11
Solvency
Equity ratio31.5 %52.1 %52.4 %40.2 %42.6 %
Gearing23.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.40.91.1
Current ratio1.62.02.01.41.5
Cash and cash equivalents495.06463.00668.78155.65732.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:30.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.6%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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