Varntoft Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Varntoft Holding ApS
Varntoft Holding ApS (CVR number: 32285058) is a company from RINGSTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 169.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.1 %, which can be considered excellent and Return on Equity (ROE) was 98.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Varntoft Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.00 | -2.50 | -2.50 | ||
EBIT | -2.00 | -2.50 | -2.50 | ||
Net earnings | 1.09 | 61.00 | 47.53 | 1.99 | 169.84 |
Shareholders equity total | -23.10 | 37.90 | 85.43 | 87.43 | 257.27 |
Balance sheet total (assets) | 4.51 | 191.67 | 245.58 | 258.93 | 500.50 |
Net debt | 22.51 | 146.24 | 146.24 | 146.24 | 154.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 55.1 % | 20.5 % | 2.6 % | 43.1 % |
ROE | 37.0 % | 287.6 % | 77.1 % | 2.3 % | 98.5 % |
ROI | 3.3 % | 58.5 % | 21.6 % | 2.8 % | 50.7 % |
Economic value added (EVA) | -0.78 | -1.23 | -1.32 | 1.34 | 1.56 |
Solvency | |||||
Equity ratio | -83.7 % | 19.8 % | 34.8 % | 33.8 % | 51.4 % |
Gearing | -97.5 % | 385.9 % | 171.2 % | 167.3 % | 59.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.8 | 0.8 | 0.8 | 1.2 |
Current ratio | 0.1 | 0.8 | 0.8 | 0.8 | 1.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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