KARUP MØBELFABRIK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 58512419
Smedegade 2, 7600 Struer
tel: 20253001

Company information

Official name
KARUP MØBELFABRIK HOLDING A/S
Established
1981
Company form
Limited company
Industry

About KARUP MØBELFABRIK HOLDING A/S

KARUP MØBELFABRIK HOLDING A/S (CVR number: 58512419) is a company from STRUER. The company recorded a gross profit of -15.4 kDKK in 2023. The operating profit was -15.4 kDKK, while net earnings were 521.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARUP MØBELFABRIK HOLDING A/S's liquidity measured by quick ratio was 46.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-47.27-19.99-10.32-13.62-15.35
EBIT-47.27-19.99-10.32-13.62-15.35
Net earnings- 105.071 000.83- 345.41380.92521.66
Shareholders equity total4 814.935 705.165 246.755 513.265 917.12
Balance sheet total (assets)4 846.965 900.725 275.945 550.976 048.16
Net debt-4 719.12-5 812.31-5 204.08-5 430.38-5 989.41
Profitability
EBIT-%
ROA3.5 %25.1 %5.7 %7.2 %11.5 %
ROE-2.1 %19.0 %-6.3 %7.1 %9.1 %
ROI3.5 %25.5 %5.8 %7.3 %11.7 %
Economic value added (EVA)-36.60-19.59-4.07-15.41-16.14
Solvency
Equity ratio99.3 %96.7 %99.4 %99.3 %97.8 %
Gearing0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio151.3181.1180.7147.246.2
Current ratio151.3181.1180.7147.246.2
Cash and cash equivalents4 735.575 829.515 204.085 430.385 989.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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