ÆRØ MØBLER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ÆRØ MØBLER A/S
ÆRØ MØBLER A/S (CVR number: 27514634) is a company from ÆRØ. The company recorded a gross profit of 7323.6 kDKK in 2024. The operating profit was -1464.7 kDKK, while net earnings were -1254.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -18 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 329.96 | 8 507.89 | 8 345.00 | 9 601.45 | 7 323.56 |
EBIT | 1 175.52 | 1 439.95 | 746.92 | 1 460.92 | -1 464.69 |
Net earnings | 839.19 | 1 022.69 | 444.07 | 1 041.48 | -1 254.59 |
Shareholders equity total | 7 352.40 | 7 375.09 | 6 819.16 | 7 860.64 | 6 106.05 |
Balance sheet total (assets) | 12 562.16 | 11 664.93 | 14 277.25 | 13 124.43 | 11 995.31 |
Net debt | -2 250.25 | 188.15 | 161.08 | - 378.01 | 1 426.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.3 % | 12.3 % | 6.1 % | 11.2 % | -11.1 % |
ROE | 11.3 % | 13.9 % | 6.3 % | 14.2 % | -18.0 % |
ROI | 14.9 % | 16.7 % | 8.3 % | 15.1 % | -13.9 % |
Economic value added (EVA) | 528.49 | 693.81 | 118.01 | 653.27 | -1 682.02 |
Solvency | |||||
Equity ratio | 58.5 % | 63.2 % | 47.8 % | 59.9 % | 50.9 % |
Gearing | 16.0 % | 23.9 % | 38.8 % | 33.7 % | 53.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 1.4 | 1.8 | 1.3 |
Current ratio | 2.6 | 2.7 | 1.9 | 2.4 | 1.9 |
Cash and cash equivalents | 3 423.39 | 1 572.63 | 2 487.65 | 3 029.02 | 1 838.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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