Ravn Furniture ApS — Credit Rating and Financial Key Figures

CVR number: 34710694
Birchs Alle 5, 5800 Nyborg
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Company information

Official name
Ravn Furniture ApS
Established
2012
Company form
Private limited company
Industry

About Ravn Furniture ApS

Ravn Furniture ApS (CVR number: 34710694) is a company from NYBORG. The company recorded a gross profit of -11.1 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were -13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -11.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. Ravn Furniture ApS's liquidity measured by quick ratio was 2.6 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 profit- 143.23- 117.1122.78- 241.90-11.09
EBIT- 154.30- 128.1822.78- 241.90-11.09
Net earnings- 125.70- 105.3315.73- 199.19-13.54
Shareholders equity total-17.66-22.9922.7373.54160.00
Balance sheet total (assets)851.04778.25680.78134.59257.28
Net debt844.17790.25643.7851.0167.68
Profitability
EBIT-%
ROA-17.5 %-14.5 %4.5 %-56.8 %-5.7 %
ROE-26.2 %-12.9 %3.9 %-413.8 %-11.6 %
ROI-17.8 %-14.8 %4.6 %-58.6 %-6.3 %
Economic value added (EVA)- 162.13- 142.78-19.30- 222.18-17.35
Solvency
Equity ratio-2.0 %-2.9 %3.3 %54.6 %62.2 %
Gearing-4779.9 %-3436.7 %2831.9 %69.4 %42.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.60.92.6
Current ratio1.01.01.02.22.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-5.66%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.2%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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