VARTA Consumer Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 26672848
Herstedøstervej 27 A, 2620 Albertslund
tel: 47193333

Credit rating

Company information

Official name
VARTA Consumer Denmark A/S
Personnel
3 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About VARTA Consumer Denmark A/S

VARTA Consumer Denmark A/S (CVR number: 26672848) is a company from ALBERTSLUND. The company recorded a gross profit of 5023 kDKK in 2023. The operating profit was 2659 kDKK, while net earnings were 3701 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VARTA Consumer Denmark A/S's liquidity measured by quick ratio was 3.7 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
2019
2020
2021
2022
2023
Volume
Net sales29 105.0046 262.00
Gross profit3 999.006 437.005 626.004 061.005 023.00
EBIT1 961.002 811.003 219.001 736.002 659.00
Net earnings2 080.003 908.003 582.002 504.003 701.00
Shareholders equity total49 335.0053 244.0056 826.0059 330.0063 031.00
Balance sheet total (assets)61 938.0069 734.0075 002.0077 365.0086 539.00
Net debt2 723.00- 584.003 056.00-3 086.001 456.00
Profitability
EBIT-%6.7 %6.1 %
ROA5.6 %7.1 %6.6 %4.4 %5.9 %
ROE4.3 %7.6 %6.5 %4.3 %6.0 %
ROI6.6 %8.3 %7.7 %5.1 %6.9 %
Economic value added (EVA)- 793.3223.92102.01-1 226.48- 425.58
Solvency
Equity ratio79.7 %76.4 %75.8 %76.7 %72.8 %
Gearing8.4 %11.4 %15.1 %11.0 %16.3 %
Relative net indebtedness %38.3 %21.3 %
Liquidity
Quick ratio4.94.24.14.33.7
Current ratio4.94.24.14.33.7
Cash and cash equivalents1 445.006 649.005 528.009 640.008 791.00
Capital use efficiency
Trade debtors turnover (days)149.3101.4
Net working capital %169.4 %115.0 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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