M.N.M. VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 25324617
Nordre Boulevard 118, 6800 Varde

Credit rating

Company information

Official name
M.N.M. VARDE ApS
Established
2000
Company form
Private limited company
Industry

About M.N.M. VARDE ApS

M.N.M. VARDE ApS (CVR number: 25324617) is a company from VARDE. The company recorded a gross profit of 282.3 kDKK in 2018. The operating profit was 282.3 kDKK, while net earnings were 203.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. M.N.M. VARDE ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit242.96138.64282.28
EBIT242.96138.64282.28
Net earnings94.0189.52203.89
Shareholders equity total2 699.471 161.731 277.62
Balance sheet total (assets)4 524.272 520.612 680.18
Net debt294.15232.36-29.37
Profitability
EBIT-%
ROA5.4 %3.9 %10.9 %
ROE3.5 %4.6 %16.7 %
ROI6.5 %5.1 %16.6 %
Economic value added (EVA)172.50-37.74155.02
Solvency
Equity ratio59.7 %46.1 %47.7 %
Gearing21.3 %41.0 %29.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.4
Current ratio0.30.30.4
Cash and cash equivalents279.56243.55405.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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