BJ TRADING, VARDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BJ TRADING, VARDE A/S
BJ TRADING, VARDE A/S (CVR number: 25970292) is a company from VARDE. The company recorded a gross profit of -61.7 kDKK in 2024. The operating profit was -306.4 kDKK, while net earnings were -319.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BJ TRADING, VARDE A/S's liquidity measured by quick ratio was 21.4 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 | -16.31 | -55.43 | 22.91 | -36.85 | -61.69 |
| EBIT | - 260.76 | - 300.19 | - 292.17 | - 341.63 | - 306.36 |
| Net earnings | 1 280.70 | - 828.08 | - 339.64 | 288.14 | - 319.58 |
| Shareholders equity total | 6 011.73 | 5 183.65 | 4 844.01 | 5 132.15 | 4 812.57 |
| Balance sheet total (assets) | 12 387.45 | 7 267.14 | 7 051.63 | 6 836.20 | 5 048.41 |
| Net debt | -6 330.10 | -4 961.36 | -4 573.72 | -4 946.66 | -4 565.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.5 % | -0.5 % | 7.0 % | 15.8 % | 4.1 % |
| ROE | 23.8 % | -14.8 % | -6.8 % | 5.8 % | -6.4 % |
| ROI | 18.9 % | -0.6 % | 7.0 % | 15.9 % | 4.1 % |
| Economic value added (EVA) | - 734.20 | - 839.27 | - 594.44 | - 618.82 | - 585.98 |
| Solvency | |||||
| Equity ratio | 48.5 % | 71.3 % | 68.7 % | 75.1 % | 95.3 % |
| Gearing | 99.7 % | 39.4 % | 44.8 % | 32.8 % | 4.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 3.5 | 3.2 | 4.0 | 21.4 |
| Current ratio | 2.7 | 3.5 | 3.2 | 4.0 | 21.4 |
| Cash and cash equivalents | 12 321.48 | 7 005.68 | 6 741.67 | 6 628.40 | 4 774.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BBB |
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