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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 2024. The operating profit was 0 kDKK, while net earnings were -106.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.4 %, which can be considered poor and Return on Equity (ROE) was -52.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.5 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2.50 | -2.50 | |||
| EBIT | -2.50 | -2.50 | |||
| Net earnings | 61.00 | 47.53 | 1.99 | 169.84 | - 106.92 |
| Shareholders equity total | 37.90 | 85.43 | 87.43 | 257.27 | 150.34 |
| Balance sheet total (assets) | 191.67 | 245.58 | 258.93 | 500.50 | 338.20 |
| Net debt | 146.24 | 146.24 | 146.24 | 154.10 | 154.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 55.1 % | 20.5 % | 2.6 % | 43.1 % | -25.4 % |
| ROE | 287.6 % | 77.1 % | 2.3 % | 98.5 % | -52.5 % |
| ROI | 58.5 % | 21.6 % | 2.8 % | 50.7 % | -29.7 % |
| Economic value added (EVA) | -2.49 | -11.92 | -11.64 | -11.74 | -20.67 |
| Solvency | |||||
| Equity ratio | 19.8 % | 34.8 % | 33.8 % | 51.4 % | 44.5 % |
| Gearing | 385.9 % | 171.2 % | 167.3 % | 59.9 % | 102.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.8 | 0.8 | 0.9 | 1.2 |
| Current ratio | 0.8 | 0.8 | 0.8 | 0.9 | 1.2 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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