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

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

Company information

Official name
BERG FURNITURE A/S
Personnel
8 persons
Established
1979
Domicile
Bramming
Company form
Limited company
Industry

About BERG FURNITURE A/S

BERG FURNITURE A/S (CVR number: 89664918) is a company from ESBJERG. The company recorded a gross profit of 3683.4 kDKK in 2024. The operating profit was 139.7 kDKK, while net earnings were 132.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.6 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 645.025 586.805 314.253 762.553 683.42
EBIT1 632.071 259.61882.75426.94139.73
Net earnings1 239.11996.86687.41350.30132.85
Shareholders equity total3 730.833 527.694 215.104 565.413 198.26
Balance sheet total (assets)6 599.366 312.726 452.116 374.954 802.73
Net debt- 800.88- 916.11- 294.51-93.6654.06
Profitability
EBIT-%
ROA28.7 %19.9 %14.4 %7.3 %3.4 %
ROE39.8 %27.5 %17.8 %8.0 %3.4 %
ROI40.2 %30.5 %21.1 %9.6 %4.4 %
Economic value added (EVA)1 072.82780.95471.2596.22- 152.73
Solvency
Equity ratio56.5 %55.9 %65.3 %71.6 %66.6 %
Gearing15.5 %16.3 %8.9 %11.5 %12.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.11.61.0
Current ratio2.32.22.83.53.0
Cash and cash equivalents1 377.411 491.57671.01619.48350.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:3.43%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.6%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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