FURN CONSULT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FURN CONSULT A/S
FURN CONSULT A/S (CVR number: 25122682) is a company from THISTED. The company recorded a gross profit of 2870.5 kDKK in 2023. The operating profit was -578.2 kDKK, while net earnings were -585.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -13 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FURN CONSULT A/S's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 714.99 | 5 994.62 | 5 379.97 | 4 973.24 | 2 870.46 |
EBIT | - 932.67 | 50.00 | 713.58 | 847.67 | - 578.19 |
Net earnings | - 757.51 | 131.58 | 597.78 | 720.20 | - 585.05 |
Shareholders equity total | 4 122.51 | 4 254.08 | 4 851.86 | 4 276.96 | 4 691.91 |
Balance sheet total (assets) | 13 092.05 | 12 828.45 | 11 474.44 | 10 924.51 | 7 871.99 |
Net debt | 1 002.75 | 672.17 | 827.36 | 2 226.70 | 1 016.43 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.8 % | 1.8 % | 7.4 % | 9.8 % | -5.3 % |
ROE | -16.8 % | 3.1 % | 13.1 % | 15.8 % | -13.0 % |
ROI | -9.3 % | 4.0 % | 14.8 % | 15.3 % | -7.1 % |
Economic value added (EVA) | - 987.51 | - 169.83 | 333.82 | 392.99 | - 661.77 |
Solvency | |||||
Equity ratio | 31.5 % | 33.2 % | 42.3 % | 39.2 % | 59.6 % |
Gearing | 44.1 % | 30.8 % | 32.5 % | 81.3 % | 28.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.9 | 1.2 | 1.5 | 2.3 |
Current ratio | 1.4 | 1.2 | 1.5 | 1.6 | 2.8 |
Cash and cash equivalents | 815.17 | 636.38 | 747.39 | 1 250.33 | 338.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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