GLOBE FURNITURE HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26079330
Europaplads 16, 8000 Aarhus C
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Credit rating

Company information

Official name
GLOBE FURNITURE HOLDING A/S
Established
2001
Company form
Limited company
Industry

About GLOBE FURNITURE HOLDING A/S

GLOBE FURNITURE HOLDING A/S (CVR number: 26079330) is a company from AARHUS. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were -932.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLOBE FURNITURE HOLDING A/S's liquidity measured by quick ratio was 6.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.00-10.50
EBIT-8.00-10.50
Net earnings2 118.7198.711 569.921 007.23- 932.31
Shareholders equity total7 506.887 105.598 675.519 682.758 750.43
Balance sheet total (assets)7 732.377 340.758 919.609 946.119 032.74
Net debt213.62223.22232.21249.50266.23
Profitability
EBIT-%
ROA31.0 %1.5 %19.4 %10.7 %-9.7 %
ROE31.9 %1.4 %19.9 %11.0 %-10.1 %
ROI31.1 %1.5 %19.4 %10.8 %-9.8 %
Economic value added (EVA)- 301.18- 387.96- 368.28- 457.87- 507.28
Solvency
Equity ratio97.1 %96.8 %97.3 %97.4 %96.9 %
Gearing2.8 %3.1 %2.7 %2.6 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.07.26.86.4
Current ratio0.00.07.26.86.4
Cash and cash equivalents0.060.010.010.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-9.74%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-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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