VARO SPECIALMASKINER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VARO SPECIALMASKINER A/S
VARO SPECIALMASKINER A/S (CVR number: 20043830) is a company from SYDDJURS. The company recorded a gross profit of 40.6 mDKK in 2024. The operating profit was -1884.5 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 50.5 %, 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 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 39 214.00 | 37 266.00 | 37 910.00 | 42 290.00 | 40 603.50 |
EBIT | 1 881.00 | 268.00 | - 461.00 | 67.00 | -1 884.52 |
Net earnings | 917.00 | 582.00 | 1 045.00 | -1 027.00 | -1 573.53 |
Shareholders equity total | 27 639.00 | 28 221.00 | 29 267.00 | 30 720.00 | 30 444.74 |
Balance sheet total (assets) | 60 932.00 | 59 316.00 | 56 534.00 | 78 815.00 | 84 318.90 |
Net debt | 12 473.00 | 3 193.00 | 6 357.00 | 18 219.00 | 4 875.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 1.8 % | 2.5 % | -0.4 % | -1.4 % |
ROE | 3.3 % | 2.1 % | 3.6 % | -3.4 % | -5.1 % |
ROI | 5.8 % | 2.3 % | 3.3 % | -0.5 % | -2.3 % |
Economic value added (EVA) | 960.75 | - 440.47 | - 896.35 | - 662.36 | -2 071.29 |
Solvency | |||||
Equity ratio | 54.7 % | 53.6 % | 56.6 % | 45.1 % | 50.5 % |
Gearing | 49.6 % | 29.8 % | 22.0 % | 59.7 % | 33.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.6 | 1.5 | 1.2 | 1.5 |
Current ratio | 1.3 | 1.5 | 1.6 | 1.2 | 1.1 |
Cash and cash equivalents | 1 249.00 | 5 210.00 | 95.00 | 109.00 | 5 195.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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