Kvorning Møbelsnedkeri ApS

CVR number: 37128074
Hvidovrevej 80 D, 2610 Rødovre
info@kvorningmobelsnedkeri.dk
tel: 53832120
kvorningmobelsnedkeri.dk

Credit rating

Company information

Official name
Kvorning Møbelsnedkeri ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon31Manufacture of furniture

About Kvorning Møbelsnedkeri ApS

Kvorning Møbelsnedkeri ApS (CVR number: 37128074) is a company from HVIDOVRE. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 28.9 % compared to the previous year. The operating profit percentage was poor at -5 % (EBIT: -0.1 mDKK), while net earnings were -57.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.3 %, which can be considered poor and Return on Equity (ROE) was -62.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, 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. Kvorning Møbelsnedkeri ApS's liquidity measured by quick ratio was 3.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales702.76971.93582.09873.061 125.24
Gross profit303.20344.89344.89260.32397.48
EBIT-7.87-51.81-10.90-88.83-56.27
Net earnings-8.13-52.17-11.67-90.06-57.93
Shareholders equity total69.5125.4665.97-12.4277.63
Balance sheet total (assets)138.68142.21147.55108.74165.22
Net debt-88.20-94.26- 104.40-26.650.47
Profitability
EBIT-%-1.1 %-5.3 %-1.9 %-10.2 %-5.0 %
ROA-5.6 %-36.9 %-7.5 %-66.1 %-39.3 %
ROE-11.4 %-109.9 %-25.5 %-103.1 %-62.2 %
ROI-11.0 %-109.1 %-23.9 %-269.3 %-88.2 %
Economic value added (EVA)-5.52-50.21-6.79-86.25-53.65
Solvency
Equity ratio50.1 %17.9 %44.7 %-10.3 %47.0 %
Gearing64.4 %
Relative net indebtedness %-2.7 %2.3 %-3.9 %10.8 %3.4 %
Liquidity
Quick ratio3.21.31.60.83.3
Current ratio3.21.31.60.83.3
Cash and cash equivalents88.2094.26104.4026.6549.54
Capital use efficiency
Trade debtors turnover (days)14.60.717.223.6
Net working capital %11.3 %2.3 %6.6 %-1.6 %7.5 %
Credit risk
Credit ratingBBBCB

Variable visualization

ROA:-39.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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