EJENDOMSAKTIESELSKABET VAARGAARDEN — Credit Rating and Financial Key Figures

CVR number: 12693214
Dirch Passers Allé 76, 2000 Frederiksberg
ejerforeninger@deas.dk
tel: 70302020

Company information

Official name
EJENDOMSAKTIESELSKABET VAARGAARDEN
Personnel
1 person
Established
1947
Company form
Limited company
Industry

About EJENDOMSAKTIESELSKABET VAARGAARDEN

EJENDOMSAKTIESELSKABET VAARGAARDEN (CVR number: 12693214) is a company from FREDERIKSBERG. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 0.6 % compared to the previous year. The operating profit percentage was at 37.3 % (EBIT: 0.6 mDKK), while net earnings were 409.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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 3.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 604.611 597.571 664.681 694.951 705.67
Gross profit780.42257.29731.15270.12693.74
EBIT712.83215.03688.95223.88636.37
Net earnings393.221.33228.4369.20409.40
Shareholders equity total38 671.9938 985.3240 695.7441 232.9542 617.35
Balance sheet total (assets)56 519.2458 378.2659 622.2561 473.6862 149.28
Net debt5 632.204 795.505 501.604 042.804 275.62
Profitability
EBIT-%44.4 %13.5 %41.4 %13.2 %37.3 %
ROA1.3 %0.4 %1.2 %0.4 %1.0 %
ROE1.0 %0.0 %0.6 %0.2 %1.0 %
ROI1.3 %0.4 %1.2 %0.4 %1.1 %
Economic value added (EVA)308.02-26.53272.56-2 136.58-1 767.85
Solvency
Equity ratio68.4 %66.8 %68.3 %67.1 %68.6 %
Gearing17.4 %16.6 %17.7 %17.0 %16.0 %
Relative net indebtedness %376.5 %432.3 %352.9 %341.2 %300.3 %
Liquidity
Quick ratio2.21.26.01.93.3
Current ratio2.21.26.01.93.3
Cash and cash equivalents1 082.121 674.511 715.782 971.422 532.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %37.8 %21.4 %96.1 %88.2 %106.5 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:1.03%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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