Ejendomsselskabet af 10/9-2019, Varde ApS — Credit Rating and Financial Key Figures

Ejendomsselskabet af 10/9-2019, Varde ApS (CVR number: 40773835) is a company from VARDE. The company recorded a gross profit of 3483.8 kDKK in 2024. The operating profit was 2503.8 kDKK, while net earnings were 1871.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ejendomsselskabet af 10/9-2019, Varde ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.