KARUP MØBELFABRIK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 105.07 | 1 000.83 | - 345.41 | 380.92 | 521.66 |
Shareholders equity total | 4 814.93 | 5 705.16 | 5 246.75 | 5 513.26 | 5 917.12 |
Balance sheet total (assets) | 4 846.96 | 5 900.72 | 5 275.94 | 5 550.97 | 6 048.16 |
Net debt | -4 719.12 | -5 812.31 | -5 204.08 | -5 430.38 | -5 989.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 25.1 % | 5.7 % | 7.2 % | 11.5 % |
ROE | -2.1 % | 19.0 % | -6.3 % | 7.1 % | 9.1 % |
ROI | 3.5 % | 25.5 % | 5.8 % | 7.3 % | 11.7 % |
Economic value added (EVA) | -36.60 | -19.59 | -4.07 | -15.41 | -16.14 |
Solvency | |||||
Equity ratio | 99.3 % | 96.7 % | 99.4 % | 99.3 % | 97.8 % |
Gearing | 0.3 % | 0.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 151.3 | 181.1 | 180.7 | 147.2 | 46.2 |
Current ratio | 151.3 | 181.1 | 180.7 | 147.2 | 46.2 |
Cash and cash equivalents | 4 735.57 | 5 829.51 | 5 204.08 | 5 430.38 | 5 989.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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