Credit rating
Company information
About VANNERUP MØBELFABRIK ApS
VANNERUP MØBELFABRIK ApS (CVR number: 13707243) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3134.7 kDKK in 2023. The operating profit was -1118.9 kDKK, while net earnings were -1452.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.5 %, which can be considered poor and Return on Equity (ROE) was -137.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. VANNERUP MØBELFABRIK ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 118.11 | 5 307.10 | 5 151.99 | 3 769.22 | 3 134.70 |
EBIT | 90.12 | 550.87 | 118.78 | -1 651.67 | -1 118.86 |
Net earnings | - 874.41 | 1 047.50 | 149.71 | -1 799.51 | -1 452.80 |
Shareholders equity total | 2 667.89 | 3 715.38 | 3 365.10 | 1 565.59 | 549.79 |
Balance sheet total (assets) | 8 687.64 | 7 839.14 | 7 843.38 | 7 594.68 | 10 318.90 |
Net debt | 997.96 | -13.72 | 2 389.97 | 3 301.70 | 6 808.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 18.0 % | 3.2 % | -20.3 % | -11.5 % |
ROE | -33.6 % | 32.8 % | 4.2 % | -73.0 % | -137.4 % |
ROI | 3.6 % | 34.1 % | 4.8 % | -26.5 % | -15.6 % |
Economic value added (EVA) | -52.68 | 335.27 | -76.19 | -1 810.78 | -1 269.99 |
Solvency | |||||
Equity ratio | 30.7 % | 47.4 % | 42.9 % | 20.6 % | 34.4 % |
Gearing | 67.1 % | 9.8 % | 76.9 % | 214.6 % | 1242.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 0.9 | 0.8 | 0.6 |
Current ratio | 1.3 | 1.7 | 1.7 | 1.6 | 1.2 |
Cash and cash equivalents | 791.12 | 377.57 | 198.75 | 57.97 | 20.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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