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C. KOLD INTERNATIONAL FURNITURE A/S — Credit Rating and Financial Key Figures

CVR number: 65954915
Langelinie 160, 5230 Odense M
tel: 66148217
Free credit report Annual report

Company information

Official name
C. KOLD INTERNATIONAL FURNITURE A/S
Personnel
1 person
Established
1981
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings7 039.51- 692.6210 116.564 425.592 508.01
Shareholders equity total68 890.4563 197.8371 814.3966 239.9864 747.99
Balance sheet total (assets)103 872.0682 984.3492 822.3889 784.0693 540.60
Net debt-24 814.36-26 713.05-27 883.78-28 712.10-24 278.77
Profitability
EBIT-%
ROA8.7 %6.2 %12.5 %6.7 %4.9 %
ROE10.8 %-1.0 %15.0 %6.4 %3.8 %
ROI8.9 %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 ratio66.3 %76.2 %77.4 %73.8 %69.2 %
Gearing47.6 %31.2 %29.1 %35.1 %44.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.42.42.21.9
Current ratio1.72.42.42.21.9
Cash and cash equivalents57 581.0846 422.1048 775.8251 983.4952 866.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:4.88%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Director
Board member
Board member
Chairman of the board

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