NORUP MØBELSNEDKERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORUP MØBELSNEDKERI A/S
NORUP MØBELSNEDKERI A/S (CVR number: 10004411) is a company from NORDFYNS. The company recorded a gross profit of -183.8 kDKK in 2023. The operating profit was -192.1 kDKK, while net earnings were -189 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.8 %, which can be considered poor and Return on Equity (ROE) was -30.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORUP MØBELSNEDKERI A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.67 | -27.83 | 29.07 | -22.35 | - 183.76 |
EBIT | -9.04 | -36.20 | 20.70 | -30.72 | - 192.13 |
Net earnings | -8.21 | -36.04 | 20.98 | -29.49 | - 189.03 |
Shareholders equity total | 757.47 | 721.43 | 742.40 | 712.91 | 523.88 |
Balance sheet total (assets) | 801.30 | 764.68 | 782.68 | 753.26 | 560.67 |
Net debt | - 229.20 | - 190.86 | - 216.30 | - 190.49 | -15.04 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.0 % | -4.6 % | 2.9 % | -3.6 % | -28.8 % |
ROE | -1.1 % | -4.9 % | 2.9 % | -4.1 % | -30.6 % |
ROI | -1.1 % | -4.8 % | 3.0 % | -3.7 % | -29.7 % |
Economic value added (EVA) | -34.66 | -61.85 | -5.10 | -56.31 | - 217.66 |
Solvency | |||||
Equity ratio | 94.5 % | 94.3 % | 94.9 % | 94.6 % | 93.4 % |
Gearing | 2.4 % | 2.4 % | 2.3 % | 2.0 % | 4.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.0 | 5.4 | 6.4 | 5.9 | 1.5 |
Current ratio | 6.0 | 5.4 | 6.4 | 5.9 | 1.5 |
Cash and cash equivalents | 247.04 | 208.12 | 233.20 | 204.84 | 37.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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