FURNITURE GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 25641442
Damvej 5, 8471 Sabro
pms@hms-furniture.dk

Company information

Official name
FURNITURE GROUP ApS
Established
2000
Company form
Private limited company
Industry

About FURNITURE GROUP ApS

FURNITURE GROUP ApS (CVR number: 25641442) is a company from AARHUS. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 71.9 % (EBIT: 0 mDKK), while net earnings were 28.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. FURNITURE GROUP ApS's liquidity measured by quick ratio was 1.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales40.0040.0040.0040.0040.00
Gross profit40.0040.0040.0040.0040.00
EBIT35.0032.5030.7018.2528.75
Net earnings34.8032.1229.79-53.2828.05
Shareholders equity total269.30246.42156.22102.93130.98
Balance sheet total (assets)373.49274.36216.84249.20277.07
Net debt1.53-1.45-3.024.37-0.47
Profitability
EBIT-%87.5 %81.3 %76.8 %45.6 %71.9 %
ROA13.6 %13.2 %15.9 %-18.7 %17.3 %
ROE13.8 %12.5 %14.8 %-41.1 %24.0 %
ROI19.1 %16.5 %19.3 %-33.0 %38.1 %
Economic value added (EVA)15.5111.6911.6510.5517.48
Solvency
Equity ratio72.1 %89.8 %72.0 %41.3 %47.3 %
Gearing0.6 %0.7 %4.6 %
Relative net indebtedness %260.2 %62.1 %144.0 %364.6 %364.1 %
Liquidity
Quick ratio3.69.83.61.71.9
Current ratio3.69.83.61.71.9
Cash and cash equivalents0.123.103.020.420.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %673.3 %616.1 %390.5 %245.4 %327.5 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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