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SØREN LUND MØBLER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN LUND MØBLER HOLDING A/S
SØREN LUND MØBLER HOLDING A/S (CVR number: 26418178) is a company from RANDERS. The company reported a net sales of -3.4 mDKK in 2024, demonstrating a decline of 217.5 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -3.4 mDKK), while net earnings were -3361.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -51.8 %, which can be considered poor and Return on Equity (ROE) was -53.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN LUND MØBLER HOLDING A/S's liquidity measured by quick ratio was 3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | - 587.91 | 361.03 | 451.22 | -1 057.07 | -3 355.75 |
| Gross profit | - 602.88 | 346.05 | 436.24 | -1 091.63 | -3 372.13 |
| EBIT | - 602.88 | 346.05 | 436.24 | -1 091.63 | -3 372.13 |
| Net earnings | - 602.63 | 351.95 | 406.15 | -1 063.86 | -3 361.19 |
| Shareholders equity total | 8 529.61 | 8 849.19 | 9 255.33 | 8 191.48 | 4 391.29 |
| Balance sheet total (assets) | 8 537.11 | 8 856.69 | 9 262.83 | 8 198.98 | 4 690.24 |
| Net debt | - 296.42 | - 252.40 | - 202.39 | - 174.39 | 275.06 |
| Profitability | |||||
| EBIT-% | 95.9 % | 96.7 % | |||
| ROA | -6.7 % | 4.1 % | 4.8 % | -12.2 % | -51.8 % |
| ROE | -6.7 % | 4.1 % | 4.5 % | -12.2 % | -53.4 % |
| ROI | -6.7 % | 4.1 % | 4.8 % | -12.2 % | -51.9 % |
| Economic value added (EVA) | -1 068.20 | -80.03 | 5.66 | -1 554.75 | -3 805.30 |
| Solvency | |||||
| Equity ratio | 99.9 % | 99.9 % | 99.9 % | 99.9 % | 93.6 % |
| Gearing | 6.6 % | ||||
| Relative net indebtedness % | 49.1 % | -67.8 % | -43.2 % | 15.8 % | -8.4 % |
| Liquidity | |||||
| Quick ratio | 151.9 | 146.4 | 140.4 | 139.5 | 3.0 |
| Current ratio | 151.9 | 146.4 | 140.4 | 139.5 | 3.0 |
| Cash and cash equivalents | 296.42 | 252.40 | 202.39 | 174.39 | 16.39 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -165.9 % | 260.1 % | 207.4 % | -87.2 % | -17.7 % |
| Credit risk | |||||
| Credit rating | A | AA | AA | A | BBB |
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