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FK MØBELDESIGN A/S — Credit Rating and Financial Key Figures

CVR number: 15224509
Sigvej 2, 7550 Sørvad
tel: 97438570
Free credit report Annual report

Company information

Official name
FK MØBELDESIGN A/S
Personnel
11 persons
Established
1991
Company form
Limited company
Industry

About FK MØBELDESIGN A/S

FK MØBELDESIGN A/S (CVR number: 15224509) is a company from HERNING. The company recorded a gross profit of 2853 kDKK in 2024. The operating profit was 2056.1 kDKK, while net earnings were 1591.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 56.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FK MØBELDESIGN A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit2 892.004 146.002 650.003 113.002 853.04
EBIT2 172.003 419.001 895.002 266.002 056.11
Net earnings1 647.002 621.001 471.001 770.001 591.14
Shareholders equity total2 795.003 763.002 619.002 917.002 738.64
Balance sheet total (assets)7 629.0010 930.0012 352.006 374.007 913.14
Net debt- 558.00-2 536.00-1 546.00-2 273.00519.50
Profitability
EBIT-%
ROA31.1 %37.2 %16.8 %24.9 %29.5 %
ROE64.4 %79.9 %46.1 %63.9 %56.3 %
ROI41.8 %47.2 %20.6 %31.7 %43.4 %
Economic value added (EVA)1 468.572 363.111 047.281 245.741 384.23
Solvency
Equity ratio36.6 %34.4 %21.2 %45.8 %34.6 %
Gearing113.4 %126.1 %294.5 %48.9 %91.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.11.30.5
Current ratio1.31.41.21.60.9
Cash and cash equivalents3 727.007 280.009 260.003 699.001 983.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:29.5%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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