J.L. HOLDING VARDE ApS — Credit Rating and Financial Key Figures

J.L. HOLDING VARDE ApS (CVR number: 26851246) is a company from VARDE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -43.6 % compared to the previous year. The operating profit percentage was at 102.1 % (EBIT: 0.7 mDKK), while net earnings were 1240.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J.L. HOLDING VARDE ApS's liquidity measured by quick ratio was 18.4 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.