Vartenberg Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37344389
Gammel Skovbyvej 3, Ustrup 6500 Vojens

Credit rating

Company information

Official name
Vartenberg Holding ApS
Established
2016
Domicile
Ustrup
Company form
Private limited company
Industry

About Vartenberg Holding ApS

Vartenberg Holding ApS (CVR number: 37344389) is a company from HADERSLEV. The company recorded a gross profit of -149.8 kDKK in 2023. The operating profit was -149.8 kDKK, while net earnings were 173.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Vartenberg Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-54.00-70.67-79.43-42.27- 149.80
EBIT-54.00-70.67-79.43-42.27- 149.80
Net earnings180.00284.296.68- 217.13173.55
Shareholders equity total3 727.004 011.264 017.943 800.823 974.36
Balance sheet total (assets)3 915.004 816.484 326.784 212.084 397.64
Net debt-2 376.00-2 509.52-1 535.45-1 724.37-7.73
Profitability
EBIT-%
ROA5.6 %7.0 %1.1 %1.7 %4.7 %
ROE4.9 %7.3 %0.2 %-5.6 %4.5 %
ROI5.8 %7.9 %1.3 %1.8 %5.2 %
Economic value added (EVA)- 119.66- 116.23- 131.81- 158.14- 249.89
Solvency
Equity ratio95.2 %83.3 %92.9 %90.2 %90.4 %
Gearing0.5 %5.2 %
Relative net indebtedness %
Liquidity
Quick ratio20.35.011.44.20.0
Current ratio20.35.011.44.20.0
Cash and cash equivalents2 393.002 509.521 745.471 724.377.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.73%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.4%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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