SCANDINAVIAN FURNITURE GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 30245296
Thurøvej 15, 2000 Frederiksberg
rykind@hotmail.com
tel: 41204901
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Company information

Official name
SCANDINAVIAN FURNITURE GROUP ApS
Established
2007
Company form
Private limited company
Industry

About SCANDINAVIAN FURNITURE GROUP ApS

SCANDINAVIAN FURNITURE GROUP ApS (CVR number: 30245296) is a company from FREDERIKSBERG. The company reported a net sales of 0 mDKK in 2024, demonstrating a growth of 34.4 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 0 mDKK), while net earnings were 1.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCANDINAVIAN FURNITURE GROUP ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales24.00193.6036.0036.0048.40
Gross profit- 149.12-6.67-19.350.843.01
EBIT- 156.12-6.67-19.350.843.01
Net earnings- 155.542.96-23.55-0.371.93
Shareholders equity total40.0042.9640.0039.6341.56
Balance sheet total (assets)278.89134.8877.8563.9050.02
Net debt-1.428.37-1.650.300.30
Profitability
EBIT-%-650.5 %-3.4 %-53.8 %2.3 %6.2 %
ROA-44.5 %1.9 %-21.2 %1.2 %5.3 %
ROE-162.3 %7.1 %-56.8 %-0.9 %4.7 %
ROI-161.9 %8.7 %-49.4 %2.1 %7.4 %
Economic value added (EVA)- 163.75-8.68-21.93-1.171.02
Solvency
Equity ratio14.3 %31.8 %51.4 %62.0 %83.1 %
Gearing19.5 %
Relative net indebtedness %989.5 %47.5 %100.6 %68.3 %18.1 %
Liquidity
Quick ratio0.20.31.01.01.2
Current ratio0.20.31.01.01.2
Cash and cash equivalents1.421.65-0.30-0.30
Capital use efficiency
Trade debtors turnover (days)365.045.2365.0243.375.4
Net working capital %-843.0 %-35.1 %-0.6 %-1.6 %2.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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