VARIANT A/S — Credit Rating and Financial Key Figures

CVR number: 54899416
Godthåbsvej 5, 7100 Vejle

Company information

Official name
VARIANT A/S
Personnel
112 persons
Established
1975
Company form
Limited company
Industry

About VARIANT A/S

VARIANT A/S (CVR number: 54899416) is a company from VEJLE. The company recorded a gross profit of 72.6 mDKK in 2023. The operating profit was 19.7 mDKK, while net earnings were 14.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. VARIANT A/S's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit63 722.0077 990.0094 654.0079 183.7372 624.31
EBIT18 368.0030 597.0037 238.0018 934.5819 705.50
Net earnings13 988.0023 459.0028 975.0014 348.8814 421.00
Shareholders equity total59 671.0075 130.0084 636.0088 985.2373 406.23
Balance sheet total (assets)101 529.00146 918.00156 446.00162 586.54143 453.20
Net debt35 835.4039 440.31
Profitability
EBIT-%
ROA18.2 %24.6 %24.6 %12.2 %13.1 %
ROE24.7 %34.8 %36.3 %16.5 %17.8 %
ROI18.2 %24.6 %24.6 %12.7 %14.5 %
Economic value added (EVA)15 670.4327 598.5333 462.7210 491.199 228.13
Solvency
Equity ratio100.0 %100.0 %100.0 %54.7 %51.2 %
Gearing60.3 %69.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.7
Current ratio5.24.1
Cash and cash equivalents17 850.0511 368.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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