INTERNATIONAL FURNITURE DISTRIBUTION ApS — Credit Rating and Financial Key Figures

CVR number: 14333843
Lange-Müllers Alle 22, 2960 Rungsted Kyst
kibj@ifddk.com
tel: 22810745
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Credit rating

Company information

Official name
INTERNATIONAL FURNITURE DISTRIBUTION ApS
Established
1990
Company form
Private limited company
Industry

About INTERNATIONAL FURNITURE DISTRIBUTION ApS

INTERNATIONAL FURNITURE DISTRIBUTION ApS (CVR number: 14333843) is a company from HØRSHOLM. The company recorded a gross profit of -35.6 kDKK in 2024. The operating profit was -175.6 kDKK, while net earnings were 573.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INTERNATIONAL FURNITURE DISTRIBUTION ApS's liquidity measured by quick ratio was 52.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2.15
Gross profit47.66-17.14-62.72-55.56-35.65
EBIT47.66-44.14- 205.67-89.21- 175.65
Net earnings80.0543.46-10.83167.43573.91
Shareholders equity total2 558.152 601.612 590.782 758.213 332.12
Balance sheet total (assets)2 581.932 621.542 605.782 781.793 347.12
Net debt6.516.11-49.21- 219.71- 785.87
Profitability
EBIT-%2216.6 %
ROA4.1 %2.4 %2.2 %6.0 %18.9 %
ROE3.2 %1.7 %-0.4 %6.3 %18.8 %
ROI4.2 %2.4 %2.3 %6.0 %19.0 %
Economic value added (EVA)-92.54- 188.42- 405.81- 212.40- 317.04
Solvency
Equity ratio99.1 %99.2 %99.4 %99.2 %99.6 %
Gearing0.6 %0.6 %
Relative net indebtedness %743.2 %
Liquidity
Quick ratio1.23.43.415.252.9
Current ratio1.23.43.415.252.9
Cash and cash equivalents7.808.2049.21219.71785.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %238.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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