JM VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 89763819
Nikolaikirkestræde 13, 6800 Varde
jm.varde@sport.dk
tel: 40901962

Credit rating

Company information

Official name
JM VARDE ApS
Established
1979
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About JM VARDE ApS

JM VARDE ApS (CVR number: 89763819) is a company from VARDE. The company recorded a gross profit of -30.6 kDKK in 2024. The operating profit was -30.6 kDKK, while net earnings were 87.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JM VARDE ApS's liquidity measured by quick ratio was 118.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20202021202220232024
Volume
Net sales
Gross profit19.42-43.41-19.55- 125.18-30.64
EBIT19.42-43.41-19.55- 125.18-30.64
Net earnings346.03233.36896.9362.9587.85
Shareholders equity total3 830.924 064.284 761.224 424.174 012.02
Balance sheet total (assets)4 927.245 081.114 779.134 507.124 022.12
Net debt306.50- 642.53-1 422.35-1 593.60-1 134.90
Profitability
EBIT-%
ROA6.6 %8.5 %18.6 %1.4 %2.1 %
ROE8.6 %5.9 %20.3 %1.4 %2.1 %
ROI6.7 %8.5 %18.6 %1.4 %2.1 %
Economic value added (EVA)- 189.77- 219.75- 168.30- 292.96- 172.88
Solvency
Equity ratio77.7 %80.0 %99.6 %98.2 %99.7 %
Gearing28.4 %24.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.618.079.419.2118.8
Current ratio8.618.079.419.2118.8
Cash and cash equivalents779.641 649.071 422.351 593.601 134.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:2.06%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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