Holdingselskabet Varde Garten A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Holdingselskabet Varde Garten A/S
Holdingselskabet Varde Garten A/S (CVR number: 42797286) is a company from KØBENHAVN. The company recorded a gross profit of 598.2 kDKK in 2024. The operating profit was -47.2 kDKK, while net earnings were 294.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Holdingselskabet Varde Garten A/S's liquidity measured by quick ratio was 1.5 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 financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 752.56 | 1 012.09 | 840.23 | 598.25 |
EBIT | 143.87 | 372.43 | 200.54 | -47.16 |
Net earnings | -1 936.47 | -1 214.85 | 1 465.87 | 294.06 |
Shareholders equity total | 44 381.42 | 43 166.57 | 44 632.44 | 44 926.50 |
Balance sheet total (assets) | 48 697.35 | 47 826.10 | 49 437.47 | 51 440.85 |
Net debt | 1 139.09 | 2 566.25 | 1 452.98 | 2 635.19 |
Profitability | ||||
EBIT-% | ||||
ROA | -3.7 % | -2.2 % | 3.3 % | 0.6 % |
ROE | -4.4 % | -2.8 % | 3.3 % | 0.7 % |
ROI | -3.8 % | -2.3 % | 3.3 % | 0.6 % |
Economic value added (EVA) | 102.15 | -2 139.64 | -2 268.89 | -2 479.44 |
Solvency | ||||
Equity ratio | 91.3 % | 90.4 % | 90.5 % | 87.5 % |
Gearing | 7.5 % | 9.2 % | 7.4 % | 11.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.7 | 2.5 | 4.5 | 1.5 |
Current ratio | 4.1 | 2.3 | 3.9 | 1.5 |
Cash and cash equivalents | 2 179.35 | 1 410.89 | 1 852.29 | 2 573.30 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | A | A | A |
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