VARMETEKNIK NORD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VARMETEKNIK NORD ApS
VARMETEKNIK NORD ApS (CVR number: 34800073) is a company from JAMMERBUGT. The company recorded a gross profit of -31.2 kDKK in 2023. The operating profit was -31.2 kDKK, while net earnings were -23.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.9 %, which can be considered poor and Return on Equity (ROE) was -44.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. VARMETEKNIK NORD ApS's liquidity measured by quick ratio was 4.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.00 | -24.00 | -18.00 | -10.00 | -31.17 |
EBIT | -12.00 | -24.00 | -18.00 | -10.00 | -31.17 |
Net earnings | -22.00 | -29.00 | -24.00 | -8.00 | -23.64 |
Shareholders equity total | - 543.00 | - 573.00 | - 597.00 | 65.00 | 41.64 |
Balance sheet total (assets) | 133.00 | 86.00 | 83.00 | 75.00 | 54.33 |
Net debt | 662.00 | 646.00 | 668.00 | -42.00 | 0.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.6 % | -3.6 % | -2.7 % | -2.6 % | -46.9 % |
ROE | -9.2 % | -26.5 % | -28.4 % | -10.8 % | -44.3 % |
ROI | -1.6 % | -3.7 % | -2.7 % | -2.7 % | -55.5 % |
Economic value added (EVA) | 16.85 | 8.68 | 15.01 | 22.10 | -25.47 |
Solvency | |||||
Equity ratio | -80.3 % | -86.9 % | -87.8 % | 86.7 % | 76.6 % |
Gearing | -122.7 % | -113.3 % | -112.2 % | 6.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.1 | 7.5 | 4.3 |
Current ratio | 0.2 | 0.1 | 0.1 | 7.5 | 4.3 |
Cash and cash equivalents | 4.00 | 3.00 | 2.00 | 42.00 | 2.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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