ÅRRE VOGNMANDSFORRETNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ÅRRE VOGNMANDSFORRETNING ApS
ÅRRE VOGNMANDSFORRETNING ApS (CVR number: 24224546) is a company from VARDE. The company recorded a gross profit of 1123.1 kDKK in 2023. The operating profit was -595.9 kDKK, while net earnings were -482.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.9 %, which can be considered poor and Return on Equity (ROE) was -108.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ÅRRE VOGNMANDSFORRETNING ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 516.05 | 1 490.03 | 2 067.41 | 2 184.43 | 1 123.13 |
EBIT | 210.30 | -0.46 | 158.87 | 223.59 | - 595.92 |
Net earnings | 159.47 | -4.92 | 119.33 | 169.21 | - 482.29 |
Shareholders equity total | 741.38 | 625.86 | 632.20 | 687.01 | 204.71 |
Balance sheet total (assets) | 1 538.63 | 1 590.58 | 1 456.56 | 1 985.22 | 927.77 |
Net debt | - 719.53 | - 343.28 | - 267.97 | - 979.87 | 116.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.9 % | -0.0 % | 10.4 % | 13.0 % | -40.9 % |
ROE | 20.7 % | -0.7 % | 19.0 % | 25.7 % | -108.2 % |
ROI | 24.5 % | -0.0 % | 22.9 % | 30.5 % | -104.9 % |
Economic value added (EVA) | 159.40 | -1.50 | 109.06 | 154.30 | - 452.30 |
Solvency | |||||
Equity ratio | 50.3 % | 39.3 % | 43.4 % | 34.6 % | 22.1 % |
Gearing | 72.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.4 | 1.5 | 1.6 | 1.2 |
Current ratio | 1.9 | 1.4 | 1.5 | 1.6 | 1.2 |
Cash and cash equivalents | 719.53 | 343.28 | 267.97 | 979.87 | 32.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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