VARDE MØBLER ApS — Credit Rating and Financial Key Figures

VARDE MØBLER ApS (CVR number: 30350057) is a company from VARDE. The company recorded a gross profit of 81.8 kDKK in 2016. The operating profit was -167.3 kDKK, while net earnings were -130.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -58.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. VARDE MØBLER ApS's liquidity measured by quick ratio was 1.9 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.