EJENDOMSAKTIESELSKABET VAARGAARDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 604.61 | 1 597.57 | 1 664.68 | 1 694.95 | 1 705.67 |
Gross profit | 780.42 | 257.29 | 731.15 | 270.12 | 693.74 |
EBIT | 712.83 | 215.03 | 688.95 | 223.88 | 636.37 |
Net earnings | 393.22 | 1.33 | 228.43 | 69.20 | 409.40 |
Shareholders equity total | 38 671.99 | 38 985.32 | 40 695.74 | 41 232.95 | 42 617.35 |
Balance sheet total (assets) | 56 519.24 | 58 378.26 | 59 622.25 | 61 473.68 | 62 149.28 |
Net debt | 5 632.20 | 4 795.50 | 5 501.60 | 4 042.80 | 4 275.62 |
Profitability | |||||
EBIT-% | 44.4 % | 13.5 % | 41.4 % | 13.2 % | 37.3 % |
ROA | 1.3 % | 0.4 % | 1.2 % | 0.4 % | 1.0 % |
ROE | 1.0 % | 0.0 % | 0.6 % | 0.2 % | 1.0 % |
ROI | 1.3 % | 0.4 % | 1.2 % | 0.4 % | 1.1 % |
Economic value added (EVA) | 308.02 | -26.53 | 272.56 | -2 136.58 | -1 767.85 |
Solvency | |||||
Equity ratio | 68.4 % | 66.8 % | 68.3 % | 67.1 % | 68.6 % |
Gearing | 17.4 % | 16.6 % | 17.7 % | 17.0 % | 16.0 % |
Relative net indebtedness % | 376.5 % | 432.3 % | 352.9 % | 341.2 % | 300.3 % |
Liquidity | |||||
Quick ratio | 2.2 | 1.2 | 6.0 | 1.9 | 3.3 |
Current ratio | 2.2 | 1.2 | 6.0 | 1.9 | 3.3 |
Cash and cash equivalents | 1 082.12 | 1 674.51 | 1 715.78 | 2 971.42 | 2 532.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 37.8 % | 21.4 % | 96.1 % | 88.2 % | 106.5 % |
Credit risk | |||||
Credit rating | AA | A | AA | AA | AA |
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