SCHMIDT MØBLER, GRENAA ApS — Credit Rating and Financial Key Figures

CVR number: 47453518
Kannikegade 16, 8500 Grenaa
tel: 86321228

Company information

Official name
SCHMIDT MØBLER, GRENAA ApS
Personnel
9 persons
Established
1975
Company form
Private limited company
Industry

About SCHMIDT MØBLER, GRENAA ApS

SCHMIDT MØBLER, GRENAA ApS (CVR number: 47453518) is a company from NORDDJURS. The company recorded a gross profit of 4308.2 kDKK in 2023. The operating profit was 1089.4 kDKK, while net earnings were 964.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. SCHMIDT MØBLER, GRENAA ApS's liquidity measured by quick ratio was 3.2 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 profit2 638.925 750.387 220.674 784.494 308.15
EBIT118.642 499.213 134.971 196.091 089.36
Net earnings65.892 297.742 596.911 011.64964.50
Shareholders equity total497.242 794.995 391.906 403.547 368.04
Balance sheet total (assets)3 924.226 725.738 986.769 636.9310 554.84
Net debt1 579.10-1 565.14-3 417.91-4 714.87-3 578.22
Profitability
EBIT-%
ROA4.9 %49.4 %42.7 %14.1 %12.3 %
ROE14.2 %139.6 %63.4 %17.2 %14.0 %
ROI7.4 %96.3 %74.7 %21.0 %17.1 %
Economic value added (EVA)97.342 181.392 384.01835.20771.93
Solvency
Equity ratio13.0 %50.2 %62.5 %72.8 %75.2 %
Gearing321.8 %1.2 %0.6 %0.3 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.11.62.83.2
Current ratio1.11.82.63.23.5
Cash and cash equivalents21.021 598.023 452.784 734.273 591.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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