Varde Engroslager ApS — Credit Rating and Financial Key Figures

CVR number: 39444909
Jeppe Skovgaards Vej 7 A, 6800 Varde
info@vardeengroslavpris.dk
tel: 75220990
www.vardeengroslavpris.dk

Credit rating

Company information

Official name
Varde Engroslager ApS
Personnel
15 persons
Established
2018
Company form
Private limited company
Industry

About Varde Engroslager ApS

Varde Engroslager ApS (CVR number: 39444909) is a company from VARDE. The company recorded a gross profit of 5429.5 kDKK in 2024. The operating profit was 716.6 kDKK, while net earnings were 533.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 25.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Varde Engroslager ApS's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 415.073 936.824 571.654 925.715 429.53
EBIT- 162.30194.64446.05504.54716.64
Net earnings- 183.44117.54320.83363.86533.94
Shareholders equity total1 023.211 140.751 461.581 825.442 359.11
Balance sheet total (assets)9 401.519 718.909 752.839 575.819 721.94
Net debt6 287.105 079.255 544.484 900.494 231.48
Profitability
EBIT-%
ROA1.6 %5.2 %7.7 %9.0 %10.6 %
ROE-16.5 %10.9 %24.7 %22.1 %25.5 %
ROI1.9 %7.0 %11.0 %12.6 %15.1 %
Economic value added (EVA)- 186.57- 162.1442.4689.86288.84
Solvency
Equity ratio10.9 %11.8 %15.0 %19.1 %24.3 %
Gearing615.3 %455.2 %384.2 %269.9 %187.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.81.81.51.7
Current ratio3.12.92.82.52.6
Cash and cash equivalents8.66113.1270.8526.33194.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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