FM1 VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 29528160
Spigerborgade 12, 6800 Varde

Company information

Official name
FM1 VARDE ApS
Established
2006
Company form
Private limited company
Industry

About FM1 VARDE ApS

FM1 VARDE ApS (CVR number: 29528160) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -11.3 kDKK, while net earnings were 4909.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FM1 VARDE ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.45
EBIT-10.45-11.70-10.45-11.13-11.32
Net earnings3 908.623 470.285 914.065 234.314 909.22
Shareholders equity total18 551.3718 821.6520 435.7123 170.0225 179.24
Balance sheet total (assets)18 933.4218 845.0020 910.1323 221.9125 227.30
Net debt- 820.70- 337.06430.59- 999.8618.20
Profitability
EBIT-%
ROA10.3 %18.5 %29.8 %23.8 %20.3 %
ROE21.3 %18.6 %30.1 %24.0 %20.3 %
ROI21.4 %18.7 %29.8 %23.8 %20.3 %
Economic value added (EVA)614.80481.65616.04640.74881.77
Solvency
Equity ratio98.0 %99.9 %97.7 %99.8 %99.8 %
Gearing0.1 %2.2 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.115.20.120.00.3
Current ratio2.115.20.120.00.3
Cash and cash equivalents820.70350.4226.371 036.2312.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:20.3%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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