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VARNA PALÆET, ÅRHUS K/S — Credit Rating and Financial Key Figures

CVR number: 82449914
Hans Broges Gade 41, 8000 Aarhus C
info@dkejendom.dk
tel: 86115911
Free credit report Annual report

Company information

Official name
VARNA PALÆET, ÅRHUS K/S
Established
1977
Company form
Limited partnership
Industry

About VARNA PALÆET, ÅRHUS K/S

VARNA PALÆET, ÅRHUS K/S (CVR number: 82449914) is a company from AARHUS. The company recorded a gross profit of 977.2 kDKK in 2024. The operating profit was 582.9 kDKK, while net earnings were 533.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VARNA PALÆET, ÅRHUS K/S's liquidity measured by quick ratio was 3.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit598.23612.031 158.201 196.14977.25
EBIT218.75227.75764.32801.80582.91
Net earnings60.5277.51608.08726.07533.08
Shareholders equity total17 392.8315 970.3416 578.4217 304.4919 337.56
Balance sheet total (assets)23 339.9421 636.9121 905.5022 445.6924 180.47
Net debt2 686.652 991.441 842.57761.9010.94
Profitability
EBIT-%
ROA0.9 %1.0 %3.5 %3.8 %2.7 %
ROE0.3 %0.5 %3.7 %4.3 %2.9 %
ROI1.0 %1.1 %3.7 %4.0 %2.9 %
Economic value added (EVA)- 927.49- 905.02- 280.15- 256.09- 494.02
Solvency
Equity ratio74.5 %73.8 %75.7 %77.1 %80.0 %
Gearing29.6 %30.2 %27.0 %23.8 %19.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.32.83.13.4
Current ratio2.42.32.83.13.4
Cash and cash equivalents2 463.171 823.692 631.613 364.953 762.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.74%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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