PG Holding, Varde IVS — Credit Rating and Financial Key Figures

PG Holding, Varde IVS (CVR number: 39564661) is a company from VARDE. The company recorded a gross profit of -9.6 kDKK in 2019. The operating profit was -9.6 kDKK, while net earnings were 15.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.3 %, which can be considered excellent and Return on Equity (ROE) was 60.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. PG Holding, Varde IVS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.