WENGBERG MØBLER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WENGBERG MØBLER A/S
WENGBERG MØBLER A/S (CVR number: 19738582) is a company from NÆSTVED. The company recorded a gross profit of 4501.3 kDKK in 2024. The operating profit was -651.3 kDKK, while net earnings were -343.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.9 %, 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. 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 078.85 | 7 283.23 | 5 677.76 | 4 919.97 | 4 501.29 |
EBIT | 1 749.49 | 2 025.86 | 709.69 | -4.01 | - 651.31 |
Net earnings | 1 555.41 | 1 820.51 | 675.92 | 191.71 | - 343.18 |
Shareholders equity total | 7 541.03 | 7 361.54 | 7 037.47 | 6 229.18 | 5 785.99 |
Balance sheet total (assets) | 13 256.03 | 13 674.32 | 11 821.79 | 10 579.50 | 10 821.92 |
Net debt | -4 223.50 | -2 526.20 | -1 966.61 | - 904.71 | -1 319.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.7 % | 17.7 % | 7.8 % | 2.3 % | -3.2 % |
ROE | 22.2 % | 24.4 % | 9.4 % | 2.9 % | -5.7 % |
ROI | 27.7 % | 31.0 % | 13.4 % | 3.8 % | -5.5 % |
Economic value added (EVA) | 1 027.30 | 1 192.67 | 166.55 | - 367.94 | - 860.19 |
Solvency | |||||
Equity ratio | 70.5 % | 61.4 % | 66.0 % | 64.5 % | 60.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.4 | 1.3 | 1.1 | 1.1 |
Current ratio | 2.2 | 2.0 | 2.3 | 2.3 | 2.0 |
Cash and cash equivalents | 4 223.50 | 2 526.20 | 1 966.61 | 904.71 | 1 319.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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