VARNÆSVEJ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31581648
Varnæsvej 84, 6200 Aabenraa
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Credit rating

Company information

Official name
VARNÆSVEJ HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About VARNÆSVEJ HOLDING ApS

VARNÆSVEJ HOLDING ApS (CVR number: 31581648) is a company from AABENRAA. The company recorded a gross profit of 47.1 kDKK in 2024. The operating profit was 31.9 kDKK, while net earnings were 7.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VARNÆSVEJ HOLDING ApS's liquidity measured by quick ratio was 2.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit32.3731.12-10.6328.1847.07
EBIT17.2515.99-25.7513.0631.94
Net earnings- 128.51-70.71- 167.87-97.597.09
Shareholders equity total4 776.774 649.574 424.504 326.914 333.99
Balance sheet total (assets)5 388.945 274.435 037.684 976.374 997.88
Net debt-1 125.07-1 099.59-1 009.27-1 081.97-1 161.07
Profitability
EBIT-%
ROA-2.1 %-1.1 %-3.2 %-1.6 %0.4 %
ROE-2.6 %-1.5 %-3.7 %-2.2 %0.2 %
ROI-2.4 %-1.2 %-3.6 %-1.8 %0.5 %
Economic value added (EVA)- 236.11- 228.15- 254.93- 212.93- 189.76
Solvency
Equity ratio88.6 %88.2 %87.8 %86.9 %86.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.82.72.62.72.8
Current ratio2.82.72.62.72.8
Cash and cash equivalents1 125.071 099.591 009.271 081.971 161.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.41%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.7%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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