VARO SPECIALMASKINER A/S — Credit Rating and Financial Key Figures

CVR number: 20043830
Sortevej 12, 8543 Hornslet
tel: 87443101

Credit rating

Company information

Official name
VARO SPECIALMASKINER A/S
Personnel
85 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 47.5 mDKK in 2024. The operating profit was -1605.5 kDKK, while net earnings were -1573.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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 2.2 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 profit52 038.0043 622.0046 692.0048 066.0047 528.34
EBIT2 779.00293.001 016.00- 636.00-1 605.51
Net earnings917.00582.001 154.00-1 025.00-1 573.53
Shareholders equity total27 637.0028 221.0029 267.0030 720.0030 444.74
Balance sheet total (assets)62 623.0063 939.0058 799.0080 619.0093 200.13
Net debt5 531.00- 981.003 878.0015 508.001 683.90
Profitability
EBIT-%
ROA4.4 %1.7 %2.9 %-0.5 %-1.4 %
ROE3.3 %2.1 %4.0 %-3.4 %-5.1 %
ROI6.7 %2.4 %4.3 %-0.7 %-2.5 %
Economic value added (EVA)1 337.56- 694.09317.72-1 507.82-2 092.30
Solvency
Equity ratio56.3 %51.8 %55.1 %45.1 %51.3 %
Gearing24.8 %16.6 %14.6 %51.4 %22.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.11.91.42.2
Current ratio1.91.72.01.41.2
Cash and cash equivalents1 323.005 665.00391.00277.005 265.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.37%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.3%
Rating: 41/100
-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

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