Varde Bio ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Varde Bio ApS
Varde Bio ApS (CVR number: 37837067) is a company from VARDE. The company recorded a gross profit of 889.9 kDKK in 2024. The operating profit was -183.6 kDKK, while net earnings were -344.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. Varde Bio ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 296.85 | 1 466.26 | 1 205.03 | 1 073.07 | 889.87 |
EBIT | -44.04 | 260.83 | - 149.56 | - 256.53 | - 183.58 |
Net earnings | -94.15 | 4.96 | -81.77 | - 209.17 | - 344.63 |
Shareholders equity total | 3 653.31 | 3 725.30 | 3 494.49 | 3 167.52 | 2 700.89 |
Balance sheet total (assets) | 6 376.70 | 6 584.24 | 6 417.21 | 5 825.24 | 5 497.38 |
Net debt | 601.44 | 685.81 | 1 081.37 | 1 076.45 | 1 375.60 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | 1.2 % | -1.2 % | -3.5 % | -3.0 % |
ROE | -2.5 % | 0.1 % | -2.3 % | -6.3 % | -11.7 % |
ROI | -1.4 % | 1.5 % | -1.4 % | -4.2 % | -3.5 % |
Economic value added (EVA) | - 320.62 | -64.41 | - 382.55 | - 466.68 | - 502.08 |
Solvency | |||||
Equity ratio | 57.3 % | 56.6 % | 54.5 % | 54.4 % | 49.1 % |
Gearing | 24.5 % | 20.7 % | 31.3 % | 35.3 % | 51.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.9 | 0.7 | 0.6 |
Current ratio | 1.0 | 1.0 | 0.9 | 0.7 | 0.6 |
Cash and cash equivalents | 293.27 | 85.77 | 10.96 | 42.86 | 18.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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