Houge Furniture ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 502.00 | 674.00 | 438.00 | 1 645.00 | 1 481.76 |
EBIT | 143.00 | 203.00 | -45.00 | 676.00 | - 390.55 |
Net earnings | 105.00 | 147.00 | -42.00 | 488.00 | - 321.29 |
Shareholders equity total | 120.00 | 117.00 | 74.00 | 563.00 | 241.97 |
Balance sheet total (assets) | 280.00 | 288.00 | 281.00 | 925.00 | 557.00 |
Net debt | -14.00 | - 135.00 | -8.00 | - 286.00 | -61.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 64.9 % | 72.2 % | -14.8 % | 111.9 % | -52.3 % |
ROE | 155.6 % | 124.1 % | -44.0 % | 153.2 % | -79.8 % |
ROI | 201.4 % | 139.5 % | -25.2 % | 174.4 % | -87.1 % |
Economic value added (EVA) | 114.75 | 144.33 | -46.19 | 513.63 | - 337.25 |
Solvency | |||||
Equity ratio | 42.9 % | 40.6 % | 26.3 % | 60.9 % | 43.4 % |
Gearing | 4.2 % | 36.8 % | 124.3 % | 6.0 % | 16.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 1.2 | 2.3 | 1.5 |
Current ratio | 1.3 | 1.5 | 1.2 | 2.3 | 1.5 |
Cash and cash equivalents | 19.00 | 178.00 | 100.00 | 320.00 | 100.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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