VARO SPECIALMASKINER A/S

CVR number: 20043830
Sletten 8, 8543 Hornslet
tel: 87443101

Credit rating

Company information

Official name
VARO SPECIALMASKINER A/S
Personnel
76 persons
Established
1997
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About VARO SPECIALMASKINER A/S

VARO SPECIALMASKINER A/S (CVR number: 20043830K) is a company from SYDDJURS. The company recorded a gross profit of 48.1 mDKK in 2023. The operating profit was -636 kDKK, while net earnings were -908 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. VARO SPECIALMASKINER A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit60 101.0052 038.0043 622.0046 692.0048 139.21
EBIT7 999.002 779.00293.001 016.00- 635.99
Net earnings5 860.00917.00582.001 154.00- 908.04
Shareholders equity total27 722.0027 637.0028 221.0029 267.0028 358.35
Balance sheet total (assets)71 708.0062 623.0063 939.0058 799.0078 257.75
Net debt8 359.005 531.00- 981.003 878.0015 507.84
Profitability
EBIT-%
ROA12.8 %4.4 %1.7 %2.9 %-0.3 %
ROE23.6 %3.3 %2.1 %4.0 %-3.2 %
ROI22.2 %6.7 %2.4 %4.3 %-0.5 %
Economic value added (EVA)5 255.231 337.56- 694.09317.72-1 507.81
Solvency
Equity ratio48.2 %56.3 %51.8 %55.1 %43.3 %
Gearing31.8 %24.8 %16.6 %14.6 %55.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.72.11.91.4
Current ratio1.61.91.72.01.4
Cash and cash equivalents449.001 323.005 665.00391.00276.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:-0.29%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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