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: 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit39 214.0037 266.0037 910.0042 290.0040 603.50
EBIT1 881.00268.00- 461.0067.00-1 884.52
Net earnings917.00582.001 045.00-1 027.00-1 573.53
Shareholders equity total27 639.0028 221.0029 267.0030 720.0030 444.74
Balance sheet total (assets)60 932.0059 316.0056 534.0078 815.0084 318.90
Net debt12 473.003 193.006 357.0018 219.004 875.16
Profitability
EBIT-%
ROA4.3 %1.8 %2.5 %-0.4 %-1.4 %
ROE3.3 %2.1 %3.6 %-3.4 %-5.1 %
ROI5.8 %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 ratio54.7 %53.6 %56.6 %45.1 %50.5 %
Gearing49.6 %29.8 %22.0 %59.7 %33.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.61.51.21.5
Current ratio1.31.51.61.21.1
Cash and cash equivalents1 249.005 210.0095.00109.005 195.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.40%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-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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