Varde ApS — Credit Rating and Financial Key Figures

CVR number: 44377179
Tjærebyvej 30 A, 4220 Korsør

Credit rating

Company information

Official name
Varde ApS
Established
2023
Company form
Private limited company
Industry

About Varde ApS

Varde ApS (CVR number: 44377179) is a company from SLAGELSE. The company recorded a gross profit of 113.5 kDKK in 2024. The operating profit was 1131.2 kDKK, while net earnings were 788.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 95.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Varde 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
2024
Volume
Net sales
Gross profit113.54
EBIT1 131.17
Net earnings788.40
Shareholders equity total828.40
Balance sheet total (assets)4 228.27
Net debt3 063.55
Profitability
EBIT-%
ROA26.8 %
ROE95.2 %
ROI27.4 %
Economic value added (EVA)881.73
Solvency
Equity ratio20.0 %
Gearing371.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.0
Current ratio0.0
Cash and cash equivalents11.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:26.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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