JØRN MØLLER VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 29321892
Blomstervangen 26 A, 6800 Varde

Company information

Official name
JØRN MØLLER VARDE ApS
Established
2005
Company form
Private limited company
Industry

About JØRN MØLLER VARDE ApS

JØRN MØLLER VARDE ApS (CVR number: 29321892) is a company from VARDE. The company recorded a gross profit of -24.1 kDKK in 2018. The operating profit was -24.1 kDKK, while net earnings were -297.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JØRN MØLLER VARDE ApS's liquidity measured by quick ratio was 205.3 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
2016
2017
2018
Volume
Net sales
Gross profit-28.71-21.94-24.09
EBIT-28.71-21.94-24.09
Net earnings-0.03-20.55- 297.29
Shareholders equity total7 772.807 502.256 954.96
Balance sheet total (assets)7 806.807 536.256 988.99
Net debt-7 660.35-7 430.26-6 950.62
Profitability
EBIT-%
ROA0.9 %1.1 %0.9 %
ROE-0.0 %-0.3 %-4.1 %
ROI0.9 %1.1 %0.9 %
Economic value added (EVA)-28.71-27.29-31.47
Solvency
Equity ratio99.6 %99.5 %99.5 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio229.6221.7205.3
Current ratio229.6221.7205.3
Cash and cash equivalents7 660.357 430.266 950.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:0.92%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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