WENGBERG MØBLER A/S — Credit Rating and Financial Key Figures

CVR number: 19738582
Åsøvej 2, 4171 Glumsø
jan@mobler.dk
tel: 57646094

Company information

Official name
WENGBERG MØBLER A/S
Personnel
12 persons
Established
1996
Company form
Limited company
Industry

About WENGBERG MØBLER A/S

WENGBERG MØBLER A/S (CVR number: 19738582) is a company from NÆSTVED. The company recorded a gross profit of 4995.7 kDKK in 2023. The operating profit was 4.6 kDKK, while net earnings were 191.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. WENGBERG MØBLER A/S's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 166.966 078.857 283.235 677.764 995.71
EBIT558.431 749.492 025.86709.694.64
Net earnings591.491 555.411 820.51675.92191.71
Shareholders equity total6 485.637 541.037 361.547 037.476 229.18
Balance sheet total (assets)9 421.1613 256.0313 674.3211 821.7910 579.50
Net debt-1 643.21-4 223.50-2 526.20-1 966.61- 904.71
Profitability
EBIT-%
ROA8.5 %17.7 %17.7 %7.8 %2.3 %
ROE9.6 %22.2 %24.4 %9.4 %2.9 %
ROI12.2 %27.7 %31.0 %13.4 %3.8 %
Economic value added (EVA)135.881 120.911 411.49303.75- 251.24
Solvency
Equity ratio76.8 %70.5 %61.4 %66.0 %64.5 %
Gearing1.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.21.41.31.1
Current ratio3.12.22.02.32.3
Cash and cash equivalents1 731.934 223.502 526.201 966.61904.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:2.34%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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