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 -13.5 kDKK in 2024. The operating profit was -13.5 kDKK, while net earnings were -10 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.2 %, which can be considered poor and Return on Equity (ROE) was -27.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VARMETEKNIK NORD ApS's liquidity measured by quick ratio was 2.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.00 | -18.00 | -10.00 | -31.00 | -13.46 |
EBIT | -24.00 | -18.00 | -10.00 | -31.00 | -13.46 |
Net earnings | -29.00 | -24.00 | -8.00 | -24.00 | -9.96 |
Shareholders equity total | - 573.00 | - 597.00 | 65.00 | 41.00 | 31.68 |
Balance sheet total (assets) | 86.00 | 83.00 | 75.00 | 54.00 | 54.62 |
Net debt | 646.00 | 668.00 | -42.00 | 1.00 | 10.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.6 % | -2.7 % | -2.6 % | -48.1 % | -23.2 % |
ROE | -26.5 % | -28.4 % | -10.8 % | -45.3 % | -27.4 % |
ROI | -3.7 % | -2.7 % | -2.7 % | -56.9 % | -28.4 % |
Economic value added (EVA) | -24.99 | -17.75 | -11.67 | -27.27 | -12.71 |
Solvency | |||||
Equity ratio | -86.9 % | -87.8 % | 86.7 % | 75.9 % | 58.0 % |
Gearing | -113.3 % | -112.2 % | 7.3 % | 40.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 7.5 | 4.2 | 2.4 |
Current ratio | 0.1 | 0.1 | 7.5 | 4.2 | 2.4 |
Cash and cash equivalents | 3.00 | 2.00 | 42.00 | 2.00 | 2.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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