ÆRØ MØBLER A/S — Credit Rating and Financial Key Figures

CVR number: 27514634
Lerbækken 5, 5970 Ærøskøbing
tel: 62521028

Company information

Official name
ÆRØ MØBLER A/S
Personnel
25 persons
Established
2004
Company form
Limited company
Industry

About ÆRØ MØBLER A/S

ÆRØ MØBLER A/S (CVR number: 27514634) is a company from ÆRØ. The company recorded a gross profit of 9601.5 kDKK in 2023. The operating profit was 1460.9 kDKK, while net earnings were 1041.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ÆRØ MØBLER A/S's liquidity measured by quick ratio was 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 093.128 329.968 507.898 345.009 601.45
EBIT1 576.071 175.521 439.95746.921 460.92
Net earnings1 190.67839.191 022.69444.071 041.48
Shareholders equity total7 513.217 352.407 375.096 819.167 860.64
Balance sheet total (assets)10 828.4712 562.1611 664.9314 277.2513 124.43
Net debt-3 572.45-2 250.25188.15161.08- 378.01
Profitability
EBIT-%
ROA14.8 %10.3 %12.3 %6.1 %11.2 %
ROE16.6 %11.3 %13.9 %6.3 %14.2 %
ROI21.0 %14.9 %16.7 %8.3 %15.1 %
Economic value added (EVA)949.54727.68924.81288.59920.86
Solvency
Equity ratio69.4 %58.5 %63.2 %47.8 %59.9 %
Gearing2.4 %16.0 %23.9 %38.8 %33.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.02.01.41.8
Current ratio3.42.62.71.92.4
Cash and cash equivalents3 752.413 423.391 572.632 487.653 029.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.9%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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