Houge Furniture ApS — Credit Rating and Financial Key Figures

CVR number: 38704788
Veldsparken 21, Ørum 8830 Tjele
mail@houge-furniture.nu
tel: 51641969
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Credit rating

Company information

Official name
Houge Furniture ApS
Personnel
3 persons
Established
2017
Domicile
Ørum
Company form
Private limited company
Industry

About Houge Furniture ApS

Houge Furniture ApS (CVR number: 38704788) is a company from VIBORG. The company recorded a gross profit of 1481.8 kDKK in 2024. The operating profit was -390.5 kDKK, while net earnings were -321.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.3 %, which can be considered poor and Return on Equity (ROE) was -79.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.4 %, 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. Houge Furniture ApS's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit502.00674.00438.001 645.001 481.76
EBIT143.00203.00-45.00676.00- 390.55
Net earnings105.00147.00-42.00488.00- 321.29
Shareholders equity total120.00117.0074.00563.00241.97
Balance sheet total (assets)280.00288.00281.00925.00557.00
Net debt-14.00- 135.00-8.00- 286.00-61.21
Profitability
EBIT-%
ROA64.9 %72.2 %-14.8 %111.9 %-52.3 %
ROE155.6 %124.1 %-44.0 %153.2 %-79.8 %
ROI201.4 %139.5 %-25.2 %174.4 %-87.1 %
Economic value added (EVA)114.75144.33-46.19513.63- 337.25
Solvency
Equity ratio42.9 %40.6 %26.3 %60.9 %43.4 %
Gearing4.2 %36.8 %124.3 %6.0 %16.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.22.31.5
Current ratio1.31.51.22.31.5
Cash and cash equivalents19.00178.00100.00320.00100.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-52.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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