VARV HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36492147
Sankt Gertruds Stræde 5, 1129 København K

Credit rating

Company information

Official name
VARV HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About VARV HOLDING ApS

VARV HOLDING ApS (CVR number: 36492147) is a company from KØBENHAVN. The company recorded a gross profit of -13.6 kDKK in 2023. The operating profit was -13.6 kDKK, while net earnings were -1702.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60.5 %, which can be considered poor and Return on Equity (ROE) was -112.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.4 %, 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. VARV HOLDING ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-2.12-9.34-9.60-10.15-13.58
EBIT-2.12-9.34-9.60-10.15-13.58
Net earnings299.23- 363.05435.18-2 648.96-1 702.83
Shareholders equity total5 265.484 802.435 124.602 475.65544.01
Balance sheet total (assets)5 501.325 188.365 660.453 011.491 173.68
Net debt31.72183.65261.48181.98502.33
Profitability
EBIT-%
ROA5.5 %-6.8 %8.0 %-61.2 %-60.5 %
ROE5.8 %-7.2 %8.8 %-69.7 %-112.8 %
ROI5.6 %-7.0 %8.3 %-64.1 %-90.6 %
Economic value added (EVA)255.45100.9988.4327.2825.08
Solvency
Equity ratio95.7 %92.6 %90.5 %82.2 %46.4 %
Gearing0.7 %3.9 %6.6 %13.6 %92.6 %
Relative net indebtedness %
Liquidity
Quick ratio7.14.53.30.70.1
Current ratio7.14.53.30.70.1
Cash and cash equivalents4.782.8575.02154.521.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBBBBB

Variable visualization

ROA:-60.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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