H. MATHIESEN. VARDE A/S — Credit Rating and Financial Key Figures

CVR number: 42747912
Håndværkervej 5, 6800 Varde
mm@mmsvarde.dk
tel: 75221222

Company information

Official name
H. MATHIESEN. VARDE A/S
Established
1972
Company form
Limited company
Industry

About H. MATHIESEN. VARDE A/S

H. MATHIESEN. VARDE A/S (CVR number: 42747912) is a company from VARDE. The company recorded a gross profit of -37.4 kDKK in 2023. The operating profit was -37.4 kDKK, while net earnings were 649 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. H. MATHIESEN. VARDE A/S's liquidity measured by quick ratio was 630.1 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 profit-13.43-34.30-23.13-20.63-37.38
EBIT-13.43-34.30-23.13-20.63-37.38
Net earnings262.26625.401 131.60- 956.89648.98
Shareholders equity total11 447.2312 072.6313 204.2212 247.3312 896.31
Balance sheet total (assets)11 691.5212 187.0913 479.5612 248.3412 916.81
Net debt-8 724.28-10 140.00-11 370.26-9 735.10-10 489.63
Profitability
EBIT-%
ROA5.4 %11.6 %12.8 %4.9 %7.4 %
ROE2.3 %5.3 %9.0 %-7.5 %5.2 %
ROI5.5 %11.7 %13.0 %4.9 %7.5 %
Economic value added (EVA)103.8973.00- 115.15- 108.54- 155.31
Solvency
Equity ratio97.9 %99.1 %98.0 %100.0 %99.8 %
Gearing2.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio37.0106.549.012 139.1630.1
Current ratio37.0106.549.012 139.1630.1
Cash and cash equivalents8 947.5210 140.0611 370.269 735.1010 489.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBB

Variable visualization

ROA:7.45%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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