Kvorning Møbelsnedkeri ApS — Credit Rating and Financial Key Figures

Kvorning Møbelsnedkeri ApS (CVR number: 37128074) is a company from HVIDOVRE. The company reported a net sales of 0.9 mDKK in 2024, demonstrating a decline of -23.8 % compared to the previous year. The operating profit percentage was poor at -1.5 % (EBIT: -0 mDKK), while net earnings were -14.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -18.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kvorning Møbelsnedkeri ApS's liquidity measured by quick ratio was 10.9 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.