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

CVR number: 10471699
Hørmarken 7, 3520 Farum
tel: 45560001

Credit rating

Company information

Official name
KIRCODAN FURNITURE A/S
Personnel
1 person
Established
1986
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KIRCODAN FURNITURE A/S

KIRCODAN FURNITURE A/S (CVR number: 10471699) is a company from FURESØ. The company recorded a gross profit of 328.2 kDKK in 2024. The operating profit was 84.3 kDKK, while net earnings were 55.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 84 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRCODAN FURNITURE A/S's liquidity measured by quick ratio was 4.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit490.74776.81657.58826.77328.25
EBIT225.37524.10399.37597.3784.30
Net earnings203.94504.07375.72578.0255.77
Shareholders equity total1 641.922 145.992 521.703 099.733 155.49
Balance sheet total (assets)2 870.363 388.743 795.333 941.363 757.02
Net debt- 124.22-95.68-0.3655.05-99.33
Profitability
EBIT-%
ROA7.9 %16.7 %11.1 %15.4 %2.2 %
ROE13.2 %26.6 %16.1 %20.6 %1.8 %
ROI14.2 %27.7 %17.0 %20.8 %2.6 %
Economic value added (EVA)153.63447.83296.34472.63-69.51
Solvency
Equity ratio57.2 %63.3 %66.4 %78.6 %84.0 %
Gearing1.5 %3.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.01.83.34.4
Current ratio2.32.73.04.76.2
Cash and cash equivalents124.2295.6839.3738.93121.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.19%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.0%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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