Troels C. Varming ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Troels C. Varming ApS
Troels C. Varming ApS (CVR number: 37826936) is a company from KØBENHAVN. The company recorded a gross profit of -23.4 kDKK in 2024. The operating profit was -23.4 kDKK, while net earnings were -23.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -32.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Troels C. Varming ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 180.69 | 185.73 | 120.33 | - 562.76 | -23.45 |
EBIT | - 298.71 | 162.59 | 35.04 | - 595.42 | -23.45 |
Net earnings | - 299.87 | 162.05 | 33.27 | - 593.52 | -23.11 |
Shareholders equity total | 481.07 | 643.12 | 676.39 | 82.87 | 59.76 |
Balance sheet total (assets) | 686.38 | 809.15 | 749.66 | 146.39 | 164.04 |
Net debt | 89.50 | 76.62 | -31.93 | -39.30 | -22.30 |
Profitability | |||||
EBIT-% | |||||
ROA | -35.1 % | 21.7 % | 4.5 % | -132.4 % | -14.5 % |
ROE | -47.5 % | 28.8 % | 5.0 % | -156.3 % | -32.4 % |
ROI | -36.8 % | 23.4 % | 4.9 % | -156.2 % | -28.3 % |
Economic value added (EVA) | - 347.91 | 130.25 | -2.35 | - 629.41 | -27.61 |
Solvency | |||||
Equity ratio | 70.1 % | 79.5 % | 90.2 % | 56.6 % | 36.4 % |
Gearing | 33.8 % | 15.7 % | 28.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 4.9 | 10.2 | 2.3 | 1.6 |
Current ratio | 3.2 | 4.9 | 10.2 | 2.3 | 1.6 |
Cash and cash equivalents | 72.87 | 24.44 | 31.93 | 39.30 | 39.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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