H. MATHIESEN. VARDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 262.26 | 625.40 | 1 131.60 | - 956.89 | 648.98 |
Shareholders equity total | 11 447.23 | 12 072.63 | 13 204.22 | 12 247.33 | 12 896.31 |
Balance sheet total (assets) | 11 691.52 | 12 187.09 | 13 479.56 | 12 248.34 | 12 916.81 |
Net debt | -8 724.28 | -10 140.00 | -11 370.26 | -9 735.10 | -10 489.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.4 % | 11.6 % | 12.8 % | 4.9 % | 7.4 % |
ROE | 2.3 % | 5.3 % | 9.0 % | -7.5 % | 5.2 % |
ROI | 5.5 % | 11.7 % | 13.0 % | 4.9 % | 7.5 % |
Economic value added (EVA) | 103.89 | 73.00 | - 115.15 | - 108.54 | - 155.31 |
Solvency | |||||
Equity ratio | 97.9 % | 99.1 % | 98.0 % | 100.0 % | 99.8 % |
Gearing | 2.0 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 37.0 | 106.5 | 49.0 | 12 139.1 | 630.1 |
Current ratio | 37.0 | 106.5 | 49.0 | 12 139.1 | 630.1 |
Cash and cash equivalents | 8 947.52 | 10 140.06 | 11 370.26 | 9 735.10 | 10 489.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | BBB | BB |
Variable visualization
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