Varntoft Holding ApS — Credit Rating and Financial Key Figures

CVR number: 32285058
Langagervej 29, Farendløse 4100 Ringsted
info@varntoft.dk
tel: 57616268

Company information

Official name
Varntoft Holding ApS
Established
2009
Domicile
Farendløse
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.00-2.50-2.50
EBIT-2.00-2.50-2.50
Net earnings1.0961.0047.531.99169.84
Shareholders equity total-23.1037.9085.4387.43257.27
Balance sheet total (assets)4.51191.67245.58258.93500.50
Net debt22.51146.24146.24146.24154.10
Profitability
EBIT-%
ROA2.5 %55.1 %20.5 %2.6 %43.1 %
ROE37.0 %287.6 %77.1 %2.3 %98.5 %
ROI3.3 %58.5 %21.6 %2.8 %50.7 %
Economic value added (EVA)-0.78-1.23-1.321.341.56
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 ratio0.10.80.80.81.2
Current ratio0.10.80.80.81.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:43.1%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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