Furnipart Holding A/S — Credit Rating and Financial Key Figures

Furnipart Holding A/S (CVR number: 41469609K) is a company from FAVRSKOV. The company recorded a gross profit of 45 mDKK in 2020. The operating profit was 14.3 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Furnipart Holding A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.