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 -411.8 kDKK in 2023. The operating profit was -831.8 kDKK, while net earnings were 4425.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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 2.2 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 | - 195.06 | - 489.81 | - 291.92 | - 226.48 | - 411.82 |
EBIT | - 615.06 | - 909.81 | - 811.92 | - 696.48 | - 831.82 |
Net earnings | 3 426.93 | 7 039.51 | - 692.62 | 10 116.56 | 4 425.59 |
Shareholders equity total | 61 850.94 | 68 890.45 | 63 197.83 | 71 814.39 | 66 239.98 |
Balance sheet total (assets) | 97 117.96 | 103 872.06 | 82 984.34 | 92 822.38 | 89 784.06 |
Net debt | -17 105.85 | -24 814.36 | -26 713.05 | -27 883.78 | -28 712.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | 8.7 % | 6.2 % | 12.5 % | 6.8 % |
ROE | 5.7 % | 10.8 % | -1.0 % | 15.0 % | 6.4 % |
ROI | 4.7 % | 8.9 % | 6.2 % | 12.5 % | 6.8 % |
Economic value added (EVA) | 1 363.53 | 1 018.41 | 1 076.43 | 383.37 | 368.51 |
Solvency | |||||
Equity ratio | 63.7 % | 66.3 % | 76.2 % | 77.4 % | 73.8 % |
Gearing | 55.4 % | 47.6 % | 31.2 % | 29.1 % | 35.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 2.4 | 2.4 | 2.2 |
Current ratio | 1.5 | 1.7 | 2.4 | 2.4 | 2.2 |
Cash and cash equivalents | 51 386.57 | 57 581.08 | 46 422.10 | 48 775.82 | 51 983.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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