BERG FURNITURE A/S — Credit Rating and Financial Key Figures

CVR number: 89664918
Industrivej 48, Bramming 6740 Bramming
tel: 75174333

Credit rating

Company information

Official name
BERG FURNITURE A/S
Personnel
8 persons
Established
1979
Domicile
Bramming
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About BERG FURNITURE A/S

BERG FURNITURE A/S (CVR number: 89664918) is a company from ESBJERG. The company recorded a gross profit of 3762.5 kDKK in 2023. The operating profit was 426.9 kDKK, while net earnings were 350.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BERG FURNITURE A/S's liquidity measured by quick ratio was 1.6 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 profit4 135.515 645.025 586.805 314.253 762.55
EBIT335.701 632.071 259.61882.75426.94
Net earnings206.411 239.11996.86687.41350.30
Shareholders equity total2 491.723 730.833 527.694 215.104 565.41
Balance sheet total (assets)5 033.776 599.366 312.726 452.116 374.95
Net debt1 346.37- 800.88- 916.11- 294.51-93.66
Profitability
EBIT-%
ROA7.4 %28.7 %19.9 %14.4 %7.3 %
ROE8.6 %39.8 %27.5 %17.8 %8.0 %
ROI9.5 %40.2 %30.5 %21.1 %9.6 %
Economic value added (EVA)145.161 151.39879.79575.12148.89
Solvency
Equity ratio49.5 %56.5 %55.9 %65.3 %71.6 %
Gearing58.4 %15.5 %16.3 %8.9 %11.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.41.21.11.6
Current ratio2.02.32.22.83.5
Cash and cash equivalents108.641 377.411 491.57671.01619.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:7.28%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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