FURN BY OX ApS

CVR number: 34726345
Gødstrupvej 18 C, Snejbjerg 7400 Herning
info@funbyox.dk
tel: 24487268
www.furnbyox.dk

Credit rating

Company information

Official name
FURN BY OX ApS
Personnel
3 persons
Established
2012
Domicile
Snejbjerg
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About FURN BY OX ApS

FURN BY OX ApS (CVR number: 34726345) is a company from HERNING. The company recorded a gross profit of 114.5 kDKK in 2023. The operating profit was -1237.4 kDKK, while net earnings were -999.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -64.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -53.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FURN BY OX ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit1 124.161 336.502 146.60- 446.80114.47
EBIT- 173.34290.93610.46-1 674.19-1 237.38
Net earnings- 210.94194.22459.44-1 380.17- 999.25
Shareholders equity total22.95217.07676.51- 703.66-1 702.92
Balance sheet total (assets)1 908.842 268.282 268.511 606.321 500.96
Net debt468.68-26.16437.002 102.062 887.23
Profitability
EBIT-%
ROA-8.7 %14.7 %27.9 %-72.1 %-43.9 %
ROE-164.3 %161.8 %102.8 %-120.9 %-64.3 %
ROI-25.1 %77.6 %90.5 %-100.4 %-48.4 %
Economic value added (EVA)- 153.12226.33463.57-1 338.39- 932.17
Solvency
Equity ratio1.2 %9.6 %29.8 %-30.5 %-53.2 %
Gearing2398.3 %74.8 %-299.2 %-169.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.71.10.40.3
Current ratio1.01.11.40.70.5
Cash and cash equivalents81.6626.1669.343.363.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-43.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-53.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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