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 -13.7 kDKK in 2024. The operating profit was -13.7 kDKK, while net earnings were 33.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, 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 94.8 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 | -19.99 | -10.32 | -13.62 | -15.35 | -13.75 |
| EBIT | -19.99 | -10.32 | -13.62 | -15.35 | -13.75 |
| Net earnings | 1 000.83 | - 345.41 | 380.92 | 521.66 | 33.37 |
| Shareholders equity total | 5 705.16 | 5 246.75 | 5 513.26 | 5 917.12 | 3 535.82 |
| Balance sheet total (assets) | 5 900.72 | 5 275.94 | 5 550.97 | 6 048.15 | 3 573.52 |
| Net debt | -5 812.31 | -5 204.08 | -5 430.38 | -5 989.41 | -3 490.51 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 25.1 % | 5.7 % | 7.2 % | 11.5 % | 7.8 % |
| ROE | 19.0 % | -6.3 % | 7.1 % | 9.1 % | 0.7 % |
| ROI | 25.5 % | 5.8 % | 7.3 % | 11.7 % | 7.9 % |
| Economic value added (EVA) | - 258.38 | - 297.87 | - 276.91 | - 289.01 | - 308.18 |
| Solvency | |||||
| Equity ratio | 96.7 % | 99.4 % | 99.3 % | 97.8 % | 98.9 % |
| Gearing | 0.3 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 181.1 | 180.7 | 147.2 | 46.2 | 94.8 |
| Current ratio | 181.1 | 180.7 | 147.2 | 46.2 | 94.8 |
| Cash and cash equivalents | 5 829.51 | 5 204.08 | 5 430.38 | 5 989.41 | 3 490.51 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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