Entré Living by Brdr. Sørensen Møbler A/S — Credit Rating and Financial Key Figures

CVR number: 38055313
Haraldsvej 60, 8960 Randers SØ
tel: 86201021

Credit rating

Company information

Official name
Entré Living by Brdr. Sørensen Møbler A/S
Personnel
4 persons
Established
2016
Company form
Limited company
Industry

About Entré Living by Brdr. Sørensen Møbler A/S

Entré Living by Brdr. Sørensen Møbler A/S (CVR number: 38055313) is a company from RANDERS. The company recorded a gross profit of 1914.1 kDKK in 2023. The operating profit was 164.2 kDKK, while net earnings were 22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. Entré Living by Brdr. Sørensen Møbler A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 368.433 123.183 138.041 952.481 914.07
EBIT883.051 442.651 270.16338.02164.25
Net earnings519.951 024.89907.04165.0822.64
Shareholders equity total1 879.782 904.673 811.703 976.783 999.42
Balance sheet total (assets)7 223.767 749.3410 130.168 478.497 895.65
Net debt1 984.951 910.652 546.611 667.191 513.17
Profitability
EBIT-%
ROA12.9 %19.3 %14.2 %3.6 %2.0 %
ROE32.1 %42.8 %27.0 %4.2 %0.6 %
ROI20.8 %31.7 %22.0 %5.4 %2.7 %
Economic value added (EVA)527.32961.09785.8929.89- 102.51
Solvency
Equity ratio27.4 %39.8 %39.6 %49.9 %52.5 %
Gearing109.5 %67.1 %67.3 %42.3 %38.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.20.20.1
Current ratio1.92.31.92.22.2
Cash and cash equivalents73.9037.7519.9713.7821.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:2.01%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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