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C. KOLD INTERNATIONAL FURNITURE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C. KOLD INTERNATIONAL FURNITURE A/S
C. KOLD INTERNATIONAL FURNITURE A/S (CVR number: 65954915) is a company from ODENSE. The company recorded a gross profit of -434.2 kDKK in 2024. The operating profit was -926.2 kDKK, while net earnings were 2508 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. C. KOLD INTERNATIONAL FURNITURE A/S's liquidity measured by quick ratio was 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 489.81 | - 291.92 | - 226.48 | - 424.84 | - 434.24 |
| EBIT | - 909.81 | - 811.92 | - 696.48 | - 844.84 | - 926.24 |
| Net earnings | 7 039.51 | - 692.62 | 10 116.56 | 4 425.59 | 2 508.01 |
| Shareholders equity total | 68 890.45 | 63 197.83 | 71 814.39 | 66 239.98 | 64 747.99 |
| Balance sheet total (assets) | 103 872.06 | 82 984.34 | 92 822.38 | 89 784.06 | 93 540.60 |
| Net debt | -24 814.36 | -26 713.05 | -27 883.78 | -28 712.10 | -24 278.77 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.7 % | 6.2 % | 12.5 % | 6.7 % | 4.9 % |
| ROE | 10.8 % | -1.0 % | 15.0 % | 6.4 % | 3.8 % |
| ROI | 8.9 % | 6.2 % | 12.5 % | 6.8 % | 4.9 % |
| Economic value added (EVA) | -5 540.11 | -5 742.30 | -4 704.28 | -5 314.04 | -5 272.21 |
| Solvency | |||||
| Equity ratio | 66.3 % | 76.2 % | 77.4 % | 73.8 % | 69.2 % |
| Gearing | 47.6 % | 31.2 % | 29.1 % | 35.1 % | 44.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 2.4 | 2.4 | 2.2 | 1.9 |
| Current ratio | 1.7 | 2.4 | 2.4 | 2.2 | 1.9 |
| Cash and cash equivalents | 57 581.08 | 46 422.10 | 48 775.82 | 51 983.49 | 52 866.43 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | AA |
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