VARMING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25682505
Sneserevej 16 A, 4733 Tappernøje

Company information

Official name
VARMING HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About VARMING HOLDING ApS

VARMING HOLDING ApS (CVR number: 25682505) is a company from NÆSTVED. The company recorded a gross profit of -14.1 kDKK in 2021. The operating profit was -14.1 kDKK, while net earnings were -46.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.2 %, which can be considered poor and Return on Equity (ROE) was -95.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VARMING HOLDING ApS's liquidity measured by quick ratio was 0 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-7.52-9.03-9.65-15.69-14.10
EBIT-7.52-9.03-9.65-15.69-14.10
Net earnings-57.08-93.92- 353.71-5.92-46.66
Shareholders equity total525.83431.9178.1972.2825.61
Balance sheet total (assets)901.99822.81184.44182.47136.36
Net debt103.57127.3577.3397.0698.61
Profitability
EBIT-%
ROA-5.4 %-9.2 %-67.2 %-1.0 %-35.2 %
ROE-10.3 %-19.6 %-138.7 %-7.9 %-95.3 %
ROI-5.4 %-9.3 %-68.2 %-1.1 %-37.3 %
Economic value added (EVA)20.0014.2414.36-10.35-4.47
Solvency
Equity ratio58.3 %52.5 %42.4 %39.6 %18.8 %
Gearing70.1 %88.8 %126.3 %142.1 %390.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.20.10.0
Current ratio0.70.70.20.10.0
Cash and cash equivalents265.09256.0621.415.641.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-35.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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