A. K. VARMETEKNIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A. K. VARMETEKNIK ApS
A. K. VARMETEKNIK ApS (CVR number: 21726893) is a company from KØBENHAVN. The company reported a net sales of 2.4 mDKK in 2021, demonstrating a growth of 37.2 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0.1 mDKK), while net earnings were 84.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.8 %, 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. A. K. VARMETEKNIK ApS's liquidity measured by quick ratio was 2.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 489.67 | 1 902.73 | 2 049.17 | 1 780.79 | 2 444.09 |
Gross profit | 52.15 | 74.33 | 93.75 | -8.52 | 93.88 |
EBIT | -7.50 | 29.67 | 89.90 | -8.52 | 93.88 |
Net earnings | -19.27 | 16.64 | 80.43 | -16.84 | 84.86 |
Shareholders equity total | 298.13 | 314.77 | 395.20 | 378.36 | 463.22 |
Balance sheet total (assets) | 521.33 | 541.28 | 589.04 | 603.11 | 653.96 |
Net debt | -40.42 | -81.23 | -82.28 | -59.79 | -50.10 |
Profitability | |||||
EBIT-% | -0.5 % | 1.6 % | 4.4 % | -0.5 % | 3.8 % |
ROA | -1.3 % | 5.6 % | 15.9 % | -1.4 % | 14.9 % |
ROE | -6.3 % | 5.4 % | 22.7 % | -4.4 % | 20.2 % |
ROI | -2.4 % | 9.7 % | 25.3 % | -2.2 % | 22.3 % |
Economic value added (EVA) | -9.27 | 25.42 | 87.70 | -10.67 | 90.60 |
Solvency | |||||
Equity ratio | 57.2 % | 58.2 % | 67.1 % | 62.7 % | 70.8 % |
Gearing | |||||
Relative net indebtedness % | 12.3 % | 7.6 % | 5.4 % | 9.3 % | 5.8 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 2.3 | 2.0 | 2.6 |
Current ratio | 2.1 | 2.4 | 3.0 | 2.7 | 3.4 |
Cash and cash equivalents | 40.42 | 81.23 | 82.28 | 59.79 | 50.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 20.0 | 22.0 | 19.7 | 34.4 | 34.1 |
Net working capital % | 16.8 % | 16.3 % | 19.3 % | 21.2 % | 19.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | B |
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