MONTANA FURNITURE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 100 097.00 | 146 625.00 | 155 361.00 | 123 895.00 | 122 782.00 |
EBIT | 8 182.00 | 48 688.00 | 32 511.00 | 8 503.00 | 8 687.00 |
Net earnings | 4 764.00 | 37 384.00 | 20 844.00 | 8 095.00 | 6 942.00 |
Shareholders equity total | 105 223.00 | 141 066.00 | 133 575.00 | 140 357.00 | 146 478.00 |
Balance sheet total (assets) | 180 843.00 | 220 330.00 | 235 800.00 | 215 493.00 | 217 833.00 |
Net debt | -10 726.00 | -29 672.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 4.5 % | 24.3 % | 14.3 % | 5.7 % | 5.0 % |
ROE | 4.6 % | 30.4 % | 15.2 % | 5.9 % | 4.8 % |
ROI | 4.9 % | 24.3 % | 14.3 % | 6.3 % | 6.1 % |
Economic value added (EVA) | 3 227.40 | 43 400.54 | 25 422.43 | 300.61 | -84.56 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.8 % | 67.9 % |
Gearing | 10.0 % | 8.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.2 | |||
Current ratio | 2.4 | 2.9 | |||
Cash and cash equivalents | 24 748.00 | 42 248.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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