TBN Holding, Varde ApS — Credit Rating and Financial Key Figures

TBN Holding, Varde ApS (CVR number: 38733249) is a company from VARDE. The company recorded a gross profit of -70.5 kDKK in 2024. The operating profit was -70.5 kDKK, while net earnings were -2344.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.2 %, which can be considered excellent but Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. TBN Holding, Varde ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.