AKSEL SØRENSEN MØBLER/CURT FRIBO. ODENSE ApS — Credit Rating and Financial Key Figures

CVR number: 45735214
J.L. Heibergs Vej 61, 5230 Odense M
tel: 66121632

Credit rating

Company information

Official name
AKSEL SØRENSEN MØBLER/CURT FRIBO. ODENSE ApS
Established
1969
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About AKSEL SØRENSEN MØBLER/CURT FRIBO. ODENSE ApS

AKSEL SØRENSEN MØBLER/CURT FRIBO. ODENSE ApS (CVR number: 45735214) is a company from ODENSE. The company recorded a gross profit of -45.3 kDKK in 2023. The operating profit was -45.3 kDKK, while net earnings were 663.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.7 %, which can be considered excellent and Return on Equity (ROE) was 33 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AKSEL SØRENSEN MØBLER/CURT FRIBO. ODENSE ApS's liquidity measured by quick ratio was 170.9 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 profit-42.1120.62-30.00-48.89-45.35
EBIT-42.1120.62-30.00-48.89-45.35
Net earnings89.3883.16488.36288.45663.34
Shareholders equity total1 325.401 408.561 711.671 812.582 209.73
Balance sheet total (assets)1 341.401 424.561 724.671 828.572 222.73
Net debt-40.15- 118.47-1 709.07-1 760.45-2 206.96
Profitability
EBIT-%
ROA6.7 %6.0 %31.1 %16.3 %32.7 %
ROE6.8 %6.1 %31.3 %16.4 %33.0 %
ROI6.8 %6.1 %31.4 %16.4 %33.0 %
Economic value added (EVA)- 107.08-43.96-94.79-49.02-47.97
Solvency
Equity ratio98.8 %98.9 %99.2 %99.1 %99.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.98.2132.7114.4170.9
Current ratio5.98.2132.7114.4170.9
Cash and cash equivalents40.15118.471 709.071 760.452 206.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:32.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-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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