EDELMANN HOLDING VARDE APS. — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDELMANN HOLDING VARDE APS.
EDELMANN HOLDING VARDE APS. (CVR number: 28870973) is a company from VARDE. The company recorded a gross profit of -11.4 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were 226.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.2 %, which can be considered excellent and Return on Equity (ROE) was 137.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. EDELMANN HOLDING VARDE APS.'s liquidity measured by quick ratio was 2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.97 | -25.55 | -7.20 | -10.98 | -11.38 |
EBIT | -31.05 | -32.60 | -14.30 | -18.21 | -11.38 |
Net earnings | -35.10 | -39.18 | 84.68 | 81.30 | 226.28 |
Shareholders equity total | 43.15 | 3.97 | 60.53 | 51.83 | 278.11 |
Balance sheet total (assets) | 315.09 | 277.56 | 319.77 | 378.10 | 559.84 |
Net debt | - 111.97 | - 243.64 | - 194.90 | - 282.39 | - 517.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.7 % | -9.7 % | 32.3 % | 26.5 % | 52.2 % |
ROE | -57.8 % | -166.3 % | 262.6 % | 144.7 % | 137.2 % |
ROI | -39.6 % | -100.7 % | 260.9 % | 113.7 % | 129.1 % |
Economic value added (EVA) | -29.79 | -27.32 | -0.75 | -1.40 | 5.57 |
Solvency | |||||
Equity ratio | 13.7 % | 1.4 % | 18.9 % | 13.7 % | 49.7 % |
Gearing | 18.8 % | 50.1 % | 12.1 % | 82.3 % | 2.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.9 | 0.8 | 1.0 | 2.0 |
Current ratio | 1.1 | 0.9 | 0.8 | 1.0 | 2.0 |
Cash and cash equivalents | 120.08 | 245.63 | 202.25 | 325.06 | 524.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
Variable visualization
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