Variant Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40776532
Godthåbsvej 5, 7100 Vejle

Company information

Official name
Variant Holding ApS
Established
2019
Company form
Private limited company
Industry

About Variant Holding ApS

Variant Holding ApS (CVR number: 40776532) is a company from VEJLE. The company reported a net sales of 11.5 mDKK in 2023, demonstrating a growth of 0.5 % compared to the previous year. The operating profit percentage was at 99.9 % (EBIT: 11.5 mDKK), while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Variant Holding ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 713.5218 767.1923 180.0511 479.1111 536.80
Gross profit2 615.8618 750.2823 153.9911 470.4311 520.19
EBIT2 615.8618 750.2823 153.9911 470.4311 520.19
Net earnings2 619.2918 752.2423 158.7011 471.5011 523.16
Shareholders equity total47 642.6760 144.9167 728.5471 200.0558 723.21
Balance sheet total (assets)47 741.4060 159.9167 748.5471 213.0558 749.83
Net debt43.91-47.95-25.57-8.829.17
Profitability
EBIT-%96.4 %99.9 %99.9 %99.9 %99.9 %
ROA5.5 %34.8 %36.2 %16.6 %17.7 %
ROE5.5 %34.8 %36.2 %16.5 %17.7 %
ROI5.5 %34.8 %36.2 %16.6 %17.7 %
Economic value added (EVA)2 619.5318 895.6223 918.1812 612.8412 838.67
Solvency
Equity ratio99.8 %100.0 %100.0 %100.0 %100.0 %
Gearing0.1 %0.0 %
Relative net indebtedness %3.6 %-0.2 %-0.0 %0.0 %0.2 %
Liquidity
Quick ratio0.03.72.01.90.9
Current ratio0.03.72.01.90.9
Cash and cash equivalents0.8447.9525.578.824.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3.5 %0.2 %0.1 %0.1 %-0.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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