Freddys Bar Varde ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Freddys Bar Varde ApS
Freddys Bar Varde ApS (CVR number: 39973448) is a company from VARDE. The company recorded a gross profit of -3.3 kDKK in 2024. The operating profit was -3.3 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Freddys Bar Varde ApS's liquidity measured by quick ratio was 3.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1.42 | -3.34 | |||
| EBIT | -1.42 | -3.34 | |||
| Net earnings | -0.00 | -0.33 | -0.34 | -1.27 | -3.11 |
| Shareholders equity total | -0.01 | 37.70 | 37.36 | 36.08 | 32.97 |
| Balance sheet total (assets) | 49.70 | 49.36 | 48.08 | 44.97 | |
| Net debt | 0.01 | -49.70 | -49.36 | -48.08 | -44.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.6 % | -6.7 % | |||
| ROE | -0.9 % | -0.9 % | -3.5 % | -9.0 % | |
| ROI | -3.5 % | -9.0 % | |||
| Economic value added (EVA) | -1.89 | -3.30 | -5.16 | ||
| Solvency | |||||
| Equity ratio | -100.0 % | 75.9 % | 75.7 % | 75.0 % | 73.3 % |
| Gearing | -100.0 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.1 | 4.1 | 4.0 | 3.7 | |
| Current ratio | 4.1 | 4.1 | 4.0 | 3.7 | |
| Cash and cash equivalents | 49.70 | 49.36 | 48.08 | 44.97 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | B |
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