EJENDOMSAKTIESELSKABET VAARGAARDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About EJENDOMSAKTIESELSKABET VAARGAARDEN
EJENDOMSAKTIESELSKABET VAARGAARDEN (CVR number: 12693214) is a company from KØBENHAVN. The company reported a net sales of 1.7 mDKK in 2024, demonstrating a growth of 0.8 % compared to the previous year. The operating profit percentage was poor at -26.2 % (EBIT: -0.5 mDKK), while net earnings were -436.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. EJENDOMSAKTIESELSKABET VAARGAARDEN's liquidity measured by quick ratio was 3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 597.57 | 1 664.68 | 1 694.95 | 1 705.67 | 1 720.13 |
Gross profit | 257.29 | 731.15 | 270.12 | 693.74 | - 385.34 |
EBIT | 215.03 | 688.95 | 223.88 | 636.37 | - 451.17 |
Net earnings | 1.33 | 228.43 | 69.20 | 409.40 | - 436.75 |
Shareholders equity total | 38 985.32 | 40 695.74 | 41 232.95 | 42 617.35 | 41 673.60 |
Balance sheet total (assets) | 58 378.26 | 59 622.25 | 61 473.68 | 62 149.28 | 60 481.51 |
Net debt | 4 795.50 | 5 501.60 | 4 042.80 | 4 275.62 | 5 090.70 |
Profitability | |||||
EBIT-% | 13.5 % | 41.4 % | 13.2 % | 37.3 % | -26.2 % |
ROA | 0.4 % | 1.2 % | 0.4 % | 1.0 % | -0.7 % |
ROE | 0.0 % | 0.6 % | 0.2 % | 1.0 % | -1.0 % |
ROI | 0.4 % | 1.2 % | 0.4 % | 1.1 % | -0.7 % |
Economic value added (EVA) | -2 604.51 | -2 355.63 | -2 802.61 | -2 504.72 | -3 432.37 |
Solvency | |||||
Equity ratio | 66.8 % | 68.3 % | 67.1 % | 68.6 % | 68.9 % |
Gearing | 16.6 % | 17.7 % | 17.0 % | 16.0 % | 15.8 % |
Relative net indebtedness % | 432.3 % | 352.9 % | 341.2 % | 300.3 % | 330.7 % |
Liquidity | |||||
Quick ratio | 1.2 | 6.0 | 1.9 | 3.3 | 3.0 |
Current ratio | 1.2 | 6.0 | 1.9 | 3.3 | 3.0 |
Cash and cash equivalents | 1 674.51 | 1 715.78 | 2 971.42 | 2 532.86 | 1 509.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 21.4 % | 96.1 % | 88.2 % | 106.5 % | 61.3 % |
Credit risk | |||||
Credit rating | A | AA | A | AA | A |
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