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

CVR number: 41469609
Delta 2, Søften 8382 Hinnerup

Company information

Official name
Furnipart Holding A/S
Established
2020
Domicile
Søften
Company form
Limited company
Industry

About Furnipart Holding A/S

Furnipart Holding A/S (CVR number: 41469609) is a company from FAVRSKOV. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -67.8 kDKK, while net earnings were 1089.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Furnipart Holding A/S's liquidity measured by quick ratio was 2.1 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
Volume
Net sales
Gross profit
EBIT-48.67- 123.10-37.49-67.82
Net earnings10 376.0914 038.3379 883.281 089.70
Shareholders equity total41 851.2454 662.719 670.558 573.26
Balance sheet total (assets)44 468.9659 446.2912 003.898 855.38
Net debt23.74146.66- 366.66- 325.11
Profitability
EBIT-%
ROA23.3 %27.0 %223.6 %10.3 %
ROE24.8 %29.1 %248.3 %11.9 %
ROI24.7 %29.0 %247.7 %11.8 %
Economic value added (EVA)-37.96390.771 110.08-6 162.40
Solvency
Equity ratio94.1 %92.0 %80.6 %96.8 %
Gearing0.1 %0.3 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.22.1
Current ratio1.01.01.22.1
Cash and cash equivalents26.268.52369.54325.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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