HMS FURNITURE GROUP OF DENMARK K/S — Credit Rating and Financial Key Figures

CVR number: 25641434
Damvej 5, 8471 Sabro

Company information

Official name
HMS FURNITURE GROUP OF DENMARK K/S
Personnel
13 persons
Established
2000
Company form
Limited partnership
Industry

About HMS FURNITURE GROUP OF DENMARK K/S

HMS FURNITURE GROUP OF DENMARK K/S (CVR number: 25641434) is a company from AARHUS. The company recorded a gross profit of 6805.3 kDKK in 2024. The operating profit was 1890.1 kDKK, while net earnings were 1852.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HMS FURNITURE GROUP OF DENMARK K/S's liquidity measured by quick ratio was 1.9 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 sales
Gross profit7 481.527 147.705 404.676 281.736 805.34
EBIT1 807.741 731.06687.531 848.911 890.14
Net earnings1 664.761 645.78531.091 714.421 852.47
Shareholders equity total8 650.119 295.898 826.9810 291.4010 893.87
Balance sheet total (assets)17 817.9915 828.7417 936.4316 023.1615 669.98
Net debt3 844.193 471.845 313.532 549.632 150.15
Profitability
EBIT-%
ROA11.1 %10.5 %4.3 %11.5 %13.0 %
ROE17.0 %18.3 %5.9 %17.9 %17.5 %
ROI15.0 %13.7 %5.4 %14.4 %15.8 %
Economic value added (EVA)1 227.771 098.2242.561 134.071 240.12
Solvency
Equity ratio48.5 %58.7 %49.2 %64.2 %69.5 %
Gearing45.6 %38.1 %61.2 %25.7 %20.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.10.71.31.9
Current ratio2.33.02.33.54.5
Cash and cash equivalents99.6167.4985.2794.8546.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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