A-Furn ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A-Furn ApS
A-Furn ApS (CVR number: 37693499) is a company from VEJEN. The company recorded a gross profit of -30.3 kDKK in 2023. The operating profit was -69.3 kDKK, while net earnings were -73.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.9 %, which can be considered poor and Return on Equity (ROE) was -34 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. A-Furn ApS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 279.97 | 452.56 | 350.75 | ||
Gross profit | 279.97 | 452.56 | 350.75 | 339.60 | -30.27 |
EBIT | -39.90 | -38.85 | -69.32 | ||
Net earnings | -39.90 | -38.85 | -73.09 | ||
Shareholders equity total | 0.10 | -38.75 | - 111.84 | ||
Balance sheet total (assets) | 20.00 | 20.00 | 195.29 | 216.38 | 213.15 |
Net debt | 79.88 | 59.17 | 243.42 | ||
Profitability | |||||
EBIT-% | -11.4 % | ||||
ROA | -37.1 % | -17.2 % | -23.9 % | ||
ROE | -397.1 % | -35.9 % | -34.0 % | ||
ROI | -79.8 % | -48.5 % | -36.4 % | ||
Economic value added (EVA) | 1.01 | 1.01 | -38.90 | -38.85 | -66.32 |
Solvency | |||||
Equity ratio | 0.1 % | -15.2 % | -34.4 % | ||
Gearing | 80685.9 % | -207.1 % | -268.5 % | ||
Relative net indebtedness % | 55.6 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.1 | 2.3 | |
Current ratio | 1.0 | 1.0 | 0.1 | 2.3 | |
Cash and cash equivalents | 20.00 | 20.00 | 21.09 | 56.92 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -55.6 % | ||||
Credit risk | |||||
Credit rating | C | C | BB | BB | BB |
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