FURNHOUSE ApS

CVR number: 32098967
C.F. Tietgens Boulevard 30, Fraugde 5220 Odense SØ
pra@furnhouse.com
tel: 20166699
www.furnhouse.com

Credit rating

Company information

Official name
FURNHOUSE ApS
Personnel
7 persons
Established
2009
Domicile
Fraugde
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FURNHOUSE ApS

FURNHOUSE ApS (CVR number: 32098967) is a company from ODENSE. The company recorded a gross profit of -4546 kDKK in 2023. The operating profit was -7527.6 kDKK, while net earnings were -8719.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.8 %, which can be considered poor and Return on Equity (ROE) was -90 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. FURNHOUSE ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit3 215.935 686.698 802.071 620.81-4 545.98
EBIT543.882 939.505 888.72-1 592.61-7 527.65
Net earnings359.272 164.204 841.85-1 220.74-8 719.17
Shareholders equity total8 449.7610 463.9615 305.8114 085.075 297.90
Balance sheet total (assets)19 742.4418 507.9728 053.2829 433.8515 112.32
Net debt9 717.825 171.0110 488.5214 412.058 341.65
Profitability
EBIT-%
ROA3.1 %15.4 %26.9 %-4.7 %-33.8 %
ROE4.3 %22.9 %37.6 %-8.3 %-90.0 %
ROI3.4 %17.4 %30.2 %-5.0 %-35.5 %
Economic value added (EVA)23.501 857.884 064.89-1 977.46-8 561.68
Solvency
Equity ratio42.8 %56.5 %54.6 %47.9 %35.1 %
Gearing115.0 %49.5 %68.9 %103.9 %157.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.30.20.3
Current ratio1.72.32.21.91.5
Cash and cash equivalents0.035.5257.31216.215.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBB

Variable visualization

ROA:-33.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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