CENTRAL MØBLER. ODENSE A/S — Credit Rating and Financial Key Figures

CVR number: 53162428
Magnoliavej 3-5, Dyrup 5250 Odense SV
info@centralmoebler.dk
tel: 66175436

Company information

Official name
CENTRAL MØBLER. ODENSE A/S
Personnel
9 persons
Established
1975
Domicile
Dyrup
Company form
Limited company
Industry

About CENTRAL MØBLER. ODENSE A/S

CENTRAL MØBLER. ODENSE A/S (CVR number: 53162428) is a company from ODENSE. The company recorded a gross profit of 3615 kDKK in 2023. The operating profit was 308.6 kDKK, while net earnings were 140.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CENTRAL MØBLER. ODENSE A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit4 339.005 345.855 015.343 229.373 615.05
EBIT440.881 142.18534.44- 788.45308.58
Net earnings268.38816.07353.64- 716.64140.11
Shareholders equity total7 067.077 683.147 236.786 520.146 660.25
Balance sheet total (assets)12 891.6513 703.2715 188.5713 867.8012 319.02
Net debt1 210.09538.382 658.773 395.183 327.48
Profitability
EBIT-%
ROA3.4 %8.6 %3.7 %-5.4 %2.4 %
ROE3.9 %11.1 %4.7 %-10.4 %2.1 %
ROI4.6 %11.9 %5.5 %-7.9 %3.0 %
Economic value added (EVA)41.07595.7695.17- 979.10-71.51
Solvency
Equity ratio54.8 %56.1 %47.6 %47.0 %54.1 %
Gearing34.4 %23.9 %36.8 %56.1 %54.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.20.20.2
Current ratio2.32.31.91.92.2
Cash and cash equivalents1 218.721 300.864.67262.62288.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:2.36%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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