FURNIPART A/S — Credit Rating and Financial Key Figures

CVR number: 20488174
Delta 2, Søften 8382 Hinnerup
account@furnipart.com
Free credit report Annual report

Company information

Official name
FURNIPART A/S
Personnel
61 persons
Established
1997
Domicile
Søften
Company form
Limited company
Industry

About FURNIPART A/S

FURNIPART A/S (CVR number: 20488174) is a company from FAVRSKOV. The company recorded a gross profit of 67 mDKK in 2024. The operating profit was 11.5 mDKK, while net earnings were 6787.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. FURNIPART A/S'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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit45 385.0963 725.6965 820.8251 589.3266 950.73
EBIT13 042.3417 334.5917 426.867 596.1211 497.04
Net earnings9 568.8013 021.5812 606.593 956.266 787.59
Shareholders equity total33 016.9944 718.1555 659.1851 004.4851 759.24
Balance sheet total (assets)98 498.83130 482.27157 073.63156 334.55163 601.68
Net debt5 272.7723 175.5231 883.3940 095.5051 955.61
Profitability
EBIT-%
ROA13.1 %15.2 %12.1 %4.9 %7.2 %
ROE31.2 %33.5 %25.1 %7.4 %13.2 %
ROI23.7 %27.3 %20.2 %7.7 %10.9 %
Economic value added (EVA)7 065.2011 012.469 669.011 104.633 861.91
Solvency
Equity ratio33.7 %34.3 %35.4 %32.6 %31.6 %
Gearing19.8 %52.4 %58.2 %85.8 %105.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.30.30.3
Current ratio1.51.51.51.41.4
Cash and cash equivalents1 269.47254.81536.633 680.242 368.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Board member

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