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Var Det Det ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Var Det Det ApS
Var Det Det ApS (CVR number: 30242661) is a company from MIDDELFART. The company recorded a gross profit of 145.8 kDKK in 2025. The operating profit was 145.8 kDKK, while net earnings were -1301.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -20.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Var Det Det ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 160.16 | - 701.63 | - 710.66 | 1 274.97 | 145.83 |
| EBIT | - 407.12 | -1 169.01 | -1 157.56 | 1 098.94 | 145.83 |
| Net earnings | - 418.19 | -1 010.21 | -1 210.62 | -75.10 | -1 301.84 |
| Shareholders equity total | 11 787.69 | 10 777.49 | 9 566.87 | 9 491.77 | 3 189.93 |
| Balance sheet total (assets) | 35 069.36 | 35 121.18 | 35 335.99 | 9 801.42 | 12 346.95 |
| Net debt | 23 113.26 | 24 163.51 | 25 045.45 | - 152.05 | 4 244.81 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.1 % | -3.2 % | -3.2 % | 5.3 % | 1.8 % |
| ROE | -3.5 % | -9.0 % | -11.9 % | -0.8 % | -20.5 % |
| ROI | -1.1 % | -3.2 % | -3.2 % | 5.4 % | 1.8 % |
| Economic value added (EVA) | -2 012.68 | -2 541.76 | -2 548.19 | - 962.17 | - 373.42 |
| Solvency | |||||
| Equity ratio | 33.6 % | 30.7 % | 27.1 % | 96.8 % | 25.8 % |
| Gearing | 196.5 % | 224.2 % | 262.4 % | 286.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.5 | 0.4 | 28.4 | 1.2 |
| Current ratio | 0.6 | 0.5 | 0.4 | 28.4 | 1.2 |
| Cash and cash equivalents | 49.92 | 62.62 | 152.05 | 4 894.71 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | A |
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