MONTANA FURNITURE A/S — Credit Rating and Financial Key Figures

CVR number: 66652912
Akkerupvej 16, 5683 Haarby
tel: 64733238
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Credit rating

Company information

Official name
MONTANA FURNITURE A/S
Personnel
164 persons
Established
1981
Company form
Limited company
Industry

About MONTANA FURNITURE A/S

MONTANA FURNITURE A/S (CVR number: 66652912) is a company from ASSENS. The company recorded a gross profit of 122.8 mDKK in 2023. The operating profit was 8687 kDKK, while net earnings were 6942 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. MONTANA FURNITURE A/S's liquidity measured by quick ratio was 2.2 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 profit100 097.00146 625.00155 361.00123 895.00122 782.00
EBIT8 182.0048 688.0032 511.008 503.008 687.00
Net earnings4 764.0037 384.0020 844.008 095.006 942.00
Shareholders equity total105 223.00141 066.00133 575.00140 357.00146 478.00
Balance sheet total (assets)180 843.00220 330.00235 800.00215 493.00217 833.00
Net debt-10 726.00-29 672.00
Profitability
EBIT-%
ROA4.5 %24.3 %14.3 %5.7 %5.0 %
ROE4.6 %30.4 %15.2 %5.9 %4.8 %
ROI4.9 %24.3 %14.3 %6.3 %6.1 %
Economic value added (EVA)3 227.4043 400.5425 422.43300.61-84.56
Solvency
Equity ratio100.0 %100.0 %100.0 %65.8 %67.9 %
Gearing10.0 %8.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.2
Current ratio2.42.9
Cash and cash equivalents24 748.0042 248.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:5.01%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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