Varra Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Varra Aps
Varra Aps (CVR number: 43209027) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 217.5 kDKK in 2024. The operating profit was -49.2 kDKK, while net earnings were -46.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. Varra Aps's liquidity measured by quick ratio was 2.7 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 293.07 | 633.60 | 217.53 |
EBIT | 237.60 | 248.47 | -49.17 |
Net earnings | 183.49 | 191.52 | -46.42 |
Shareholders equity total | 223.48 | 415.55 | 369.13 |
Balance sheet total (assets) | 584.20 | 594.03 | 480.53 |
Net debt | - 101.66 | - 258.57 | - 227.30 |
Profitability | |||
EBIT-% | |||
ROA | 40.7 % | 42.2 % | -9.2 % |
ROE | 82.1 % | 59.9 % | -11.8 % |
ROI | 97.9 % | 74.0 % | -12.3 % |
Economic value added (EVA) | 185.00 | 186.94 | -49.00 |
Solvency | |||
Equity ratio | 38.3 % | 70.0 % | 76.8 % |
Gearing | 0.4 % | 0.3 % | 0.6 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.1 | 1.8 | 2.7 |
Current ratio | 1.1 | 1.8 | 2.7 |
Cash and cash equivalents | 102.59 | 259.86 | 229.60 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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