MKJ VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 27917852
Toftegårdsvej 21, 6800 Varde
tel: 28199509

Credit rating

Company information

Official name
MKJ VARDE ApS
Established
2004
Company form
Private limited company
Industry

About MKJ VARDE ApS

MKJ VARDE ApS (CVR number: 27917852) is a company from VARDE. The company recorded a gross profit of 134.1 kDKK in 2024. The operating profit was 95.4 kDKK, while net earnings were 76.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66 %, 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. MKJ VARDE ApS'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit51.27-3.20-27.34143.11134.09
EBIT12.59-41.88-66.03104.4395.41
Net earnings-14.90-58.05-56.7982.9876.53
Shareholders equity total875.31817.26760.47843.45919.98
Balance sheet total (assets)1 559.311 424.341 195.251 285.991 394.82
Net debt493.10477.53145.50149.20149.83
Profitability
EBIT-%
ROA1.4 %-2.2 %-3.9 %9.0 %7.8 %
ROE-1.7 %-6.9 %-7.2 %10.3 %8.7 %
ROI1.4 %-2.2 %-4.1 %9.4 %8.1 %
Economic value added (EVA)-62.66- 105.18- 113.8352.7240.69
Solvency
Equity ratio56.1 %57.4 %63.6 %65.6 %66.0 %
Gearing66.1 %64.0 %41.1 %37.8 %35.8 %
Relative net indebtedness %
Liquidity
Quick ratio7.68.11.01.41.7
Current ratio7.68.11.01.41.7
Cash and cash equivalents85.7645.91166.85169.40179.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.78%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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