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

CVR number: 65954915
Langelinie 160, 5230 Odense M
tel: 66148217

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings3 426.937 039.51- 692.6210 116.564 425.59
Shareholders equity total61 850.9468 890.4563 197.8371 814.3966 239.98
Balance sheet total (assets)97 117.96103 872.0682 984.3492 822.3889 784.06
Net debt-17 105.85-24 814.36-26 713.05-27 883.78-28 712.10
Profitability
EBIT-%
ROA4.7 %8.7 %6.2 %12.5 %6.8 %
ROE5.7 %10.8 %-1.0 %15.0 %6.4 %
ROI4.7 %8.9 %6.2 %12.5 %6.8 %
Economic value added (EVA)1 363.531 018.411 076.43383.37368.51
Solvency
Equity ratio63.7 %66.3 %76.2 %77.4 %73.8 %
Gearing55.4 %47.6 %31.2 %29.1 %35.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.72.42.42.2
Current ratio1.51.72.42.42.2
Cash and cash equivalents51 386.5757 581.0846 422.1048 775.8251 983.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.76%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

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