A. K. VARMETEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 21726893
Prøvestensbroen 9, 2300 København S
tel: 70220115

Company information

Official name
A. K. VARMETEKNIK ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales1 489.671 902.732 049.171 780.792 444.09
Gross profit52.1574.3393.75-8.5293.88
EBIT-7.5029.6789.90-8.5293.88
Net earnings-19.2716.6480.43-16.8484.86
Shareholders equity total298.13314.77395.20378.36463.22
Balance sheet total (assets)521.33541.28589.04603.11653.96
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)-9.2725.4287.70-10.6790.60
Solvency
Equity ratio57.2 %58.2 %67.1 %62.7 %70.8 %
Gearing
Relative net indebtedness %12.3 %7.6 %5.4 %9.3 %5.8 %
Liquidity
Quick ratio1.51.72.32.02.6
Current ratio2.12.43.02.73.4
Cash and cash equivalents40.4281.2382.2859.7950.10
Capital use efficiency
Trade debtors turnover (days)20.022.019.734.434.1
Net working capital %16.8 %16.3 %19.3 %21.2 %19.0 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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