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

VARNA PALÆET, ÅRHUS K/S (CVR number: 82449914) is a company from AARHUS. The company recorded a gross profit of 1196.1 kDKK in 2023. The operating profit was 801.8 kDKK, while net earnings were 726.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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 3.1 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.