Møbel Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 10115558
Christianshusvej 4 B, 2970 Hørsholm
sara@mobel-copenhagen.com
tel: 33932631
WWW.mobel-copenhagen.com

Credit rating

Company information

Official name
Møbel Copenhagen ApS
Personnel
7 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Møbel Copenhagen ApS

Møbel Copenhagen ApS (CVR number: 10115558) is a company from FREDENSBORG. The company recorded a gross profit of 3033.1 kDKK in 2023. The operating profit was 1411.2 kDKK, while net earnings were 1092 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -44.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Møbel Copenhagen ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit-1 513.541 272.41535.07495.673 033.11
EBIT-4 425.27-1 439.22-1 957.78- 568.281 411.19
Net earnings-4 715.54-1 794.11-2 129.14- 781.791 091.98
Shareholders equity total-9 926.51- 522.41-2 651.54-3 433.34-2 341.36
Balance sheet total (assets)1 039.406 241.492 492.873 045.703 089.03
Net debt4 613.47-3 434.68- 485.77- 484.81-5.17
Profitability
EBIT-%
ROA-51.4 %-16.2 %-32.8 %-9.6 %23.7 %
ROE-517.1 %-49.3 %-48.8 %-28.2 %35.6 %
ROI-73.9 %-20.9 %-47.6 %-23.5 %209.2 %
Economic value added (EVA)-4 150.26- 915.70-1 751.77- 394.691 652.94
Solvency
Equity ratio-96.0 %-9.9 %-56.3 %-59.5 %-44.2 %
Gearing-46.8 %-18.8 %-3.4 %-19.2 %-29.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.14.11.30.80.6
Current ratio0.32.32.01.01.0
Cash and cash equivalents30.193 532.63576.471 145.26694.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBB

Variable visualization

ROA:23.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-44.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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