Logo Møbler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Logo Møbler ApS
Logo Møbler ApS (CVR number: 37820296) is a company from ROSKILDE. The company recorded a gross profit of 655.3 kDKK in 2023. The operating profit was -170.9 kDKK, while net earnings were -133.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. Logo Møbler ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 786.35 | 2 846.11 | |||
Gross profit | 11.69 | 845.87 | 630.49 | 655.30 | |
EBIT | 10.42 | 567.12 | 640.84 | -71.45 | - 170.86 |
Net earnings | 8.13 | 440.49 | 499.62 | -62.37 | - 133.67 |
Shareholders equity total | 210.22 | 653.00 | 1 042.03 | 1 012.38 | 1 442.36 |
Balance sheet total (assets) | 389.52 | 1 289.99 | 1 789.19 | 1 396.27 | 2 194.36 |
Net debt | -73.16 | - 904.35 | - 919.38 | - 607.42 | - 539.04 |
Profitability | |||||
EBIT-% | 1.3 % | 19.9 % | |||
ROA | 2.7 % | 67.5 % | 41.6 % | -4.5 % | -9.5 % |
ROE | 3.9 % | 102.1 % | 59.0 % | -6.1 % | -10.9 % |
ROI | 4.1 % | 118.6 % | 66.4 % | -6.2 % | -13.6 % |
Economic value added (EVA) | 5.47 | 437.57 | 514.67 | -53.09 | - 149.94 |
Solvency | |||||
Equity ratio | 54.0 % | 50.6 % | 58.2 % | 72.5 % | 65.7 % |
Gearing | 21.5 % | 7.4 % | 18.0 % | 4.8 % | 0.3 % |
Relative net indebtedness % | 7.8 % | -11.1 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.6 | 1.7 | 2.1 | 1.7 |
Current ratio | 2.1 | 2.0 | 2.4 | 3.6 | 2.9 |
Cash and cash equivalents | 118.27 | 952.37 | 1 107.27 | 655.95 | 543.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 20.0 | 5.0 | |||
Net working capital % | 25.1 % | 22.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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