LUN FURNITURE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LUN FURNITURE ApS
LUN FURNITURE ApS (CVR number: 32356206) is a company from HALSNÆS. The company recorded a gross profit of 958.8 kDKK in 2023. The operating profit was -463.3 kDKK, while net earnings were -385.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. LUN FURNITURE ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 132.50 | 947.82 | 695.69 | 1 556.00 | 958.84 |
EBIT | 1 294.48 | 64.41 | - 687.45 | 69.73 | - 463.31 |
Net earnings | 577.42 | 177.82 | - 858.83 | - 370.94 | - 385.68 |
Shareholders equity total | 4 787.56 | 4 854.78 | 3 882.95 | 3 112.01 | 2 667.44 |
Balance sheet total (assets) | 6 176.93 | 5 552.38 | 4 612.32 | 4 107.06 | 3 925.81 |
Net debt | -1 974.63 | - 616.33 | - 847.26 | - 812.78 | - 827.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.7 % | 6.3 % | -13.5 % | 1.6 % | -8.1 % |
ROE | 12.7 % | 3.7 % | -19.7 % | -10.6 % | -13.3 % |
ROI | 28.4 % | 7.6 % | -15.7 % | 2.1 % | -11.3 % |
Economic value added (EVA) | 937.22 | -97.87 | - 894.93 | -81.32 | - 577.35 |
Solvency | |||||
Equity ratio | 77.5 % | 87.4 % | 84.2 % | 75.8 % | 67.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 7.4 | 6.0 | 4.0 | 2.9 |
Current ratio | 4.2 | 7.4 | 6.0 | 4.0 | 2.9 |
Cash and cash equivalents | 1 974.63 | 616.33 | 847.26 | 812.78 | 827.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
Variable visualization
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