C. E. MATTHES FURNITURE ApS

CVR number: 35891935
Ellingvej 18 A, 8600 Silkeborg
info@matthes.dk
tel: 61261551
www.matthes.dk

Credit rating

Company information

Official name
C. E. MATTHES FURNITURE ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About C. E. MATTHES FURNITURE ApS

C. E. MATTHES FURNITURE ApS (CVR number: 35891935) is a company from SILKEBORG. The company recorded a gross profit of 97.7 kDKK in 2023. The operating profit was 17 kDKK, while net earnings were 12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52 %, 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. C. E. MATTHES FURNITURE ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales312.37366.97
Gross profit49.2859.8828.59107.3397.74
EBIT14.8812.468.0423.0316.97
Net earnings8.879.137.6213.8712.65
Shareholders equity total65.5684.3992.00110.76119.50
Balance sheet total (assets)161.90196.19229.53126.38229.82
Net debt-0.87-55.79-20.61-52.6589.30
Profitability
EBIT-%4.8 %2.2 %
ROA10.2 %7.0 %3.8 %12.9 %9.5 %
ROE14.0 %12.2 %8.6 %13.7 %11.0 %
ROI23.4 %16.6 %9.1 %22.7 %10.3 %
Economic value added (EVA)7.259.297.6311.3812.76
Solvency
Equity ratio40.5 %43.0 %40.1 %87.6 %52.0 %
Gearing84.2 %
Relative net indebtedness %30.6 %31.9 %
Liquidity
Quick ratio0.20.70.64.60.5
Current ratio1.71.81.78.12.1
Cash and cash equivalents0.8755.7920.6152.6511.30
Capital use efficiency
Trade debtors turnover (days)16.942.5
Net working capital %21.0 %25.1 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:9.53%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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