FK MØBELDESIGN A/S

CVR number: 15224509
Sigvej 2, 7550 Sørvad
tel: 97438570

Credit rating

Company information

Official name
FK MØBELDESIGN A/S
Personnel
10 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About FK MØBELDESIGN A/S

FK MØBELDESIGN A/S (CVR number: 15224509) is a company from HERNING. The company recorded a gross profit of 3124 kDKK in 2023. The operating profit was 2267.2 kDKK, while net earnings were 1769.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.9 %, which can be considered excellent and Return on Equity (ROE) was 63.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FK MØBELDESIGN A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 298.002 892.004 146.002 650.003 124.01
EBIT1 585.002 172.003 419.001 895.002 267.16
Net earnings1 175.001 647.002 621.001 471.001 769.65
Shareholders equity total2 321.002 795.003 763.002 619.002 917.10
Balance sheet total (assets)6 490.007 629.0010 930.0012 352.006 373.57
Net debt-1 299.00- 558.00-2 536.00-1 546.00-2 273.68
Profitability
EBIT-%
ROA28.7 %31.1 %37.2 %16.8 %24.9 %
ROE54.4 %64.4 %79.9 %46.1 %63.9 %
ROI42.2 %41.8 %47.2 %20.6 %31.7 %
Economic value added (EVA)1 204.091 744.852 713.861 654.752 101.66
Solvency
Equity ratio35.8 %36.6 %34.4 %21.2 %45.8 %
Gearing88.5 %113.4 %126.1 %294.5 %48.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.11.11.3
Current ratio1.21.31.41.21.6
Cash and cash equivalents3 353.003 727.007 280.009 260.003 699.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:24.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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