Varming og Hansen ApS — Credit Rating and Financial Key Figures

CVR number: 41044632
Solbjerg Hedevej 78, 8355 Solbjerg

Credit rating

Company information

Official name
Varming og Hansen ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Varming og Hansen ApS

Varming og Hansen ApS (CVR number: 41044632) is a company from AARHUS. The company recorded a gross profit of 998.3 kDKK in 2023. The operating profit was 237 kDKK, while net earnings were 182.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 27.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. Varming og Hansen ApS's liquidity measured by quick ratio was 2.7 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
2020
2021
2022
2023
Volume
Net sales
Gross profit87.66958.88843.67998.30
EBIT87.66487.23114.36236.98
Net earnings66.67377.2882.97182.38
Shareholders equity total106.68483.96566.92749.30
Balance sheet total (assets)191.80775.981 050.581 156.95
Net debt- 130.16- 621.98- 404.10- 236.11
Profitability
EBIT-%
ROA45.7 %100.7 %12.5 %21.5 %
ROE62.5 %127.8 %15.8 %27.7 %
ROI62.2 %155.9 %21.7 %35.5 %
Economic value added (EVA)67.06383.1096.23175.97
Solvency
Equity ratio55.6 %62.4 %54.0 %64.8 %
Gearing32.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.72.02.7
Current ratio2.32.72.02.7
Cash and cash equivalents164.40621.98404.10236.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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