FREDERICIA FURNITURE A/S — Credit Rating and Financial Key Figures

CVR number: 45607313
Treldevej 183, 7000 Fredericia
tel: 75923876

Credit rating

Company information

Official name
FREDERICIA FURNITURE A/S
Personnel
83 persons
Established
1911
Company form
Limited company
Industry
  • Expand more icon310000

About FREDERICIA FURNITURE A/S

FREDERICIA FURNITURE A/S (CVR number: 45607313) is a company from FREDERICIA. The company recorded a gross profit of 60.4 mDKK in 2024. The operating profit was 7857.2 kDKK, while net earnings were 4689.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. FREDERICIA FURNITURE A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit51 195.18102 378.6184 974.3960 365.1460 368.26
EBIT15 655.9538 271.5223 023.584 448.297 857.17
Net earnings13 054.8829 569.0818 880.042 277.774 689.32
Shareholders equity total58 916.6868 485.7667 745.8070 023.7373 826.02
Balance sheet total (assets)125 390.66146 765.21140 317.96121 907.62126 021.96
Net debt18 714.925 329.6232 932.3223 138.7022 955.59
Profitability
EBIT-%
ROA18.7 %29.3 %19.0 %4.1 %7.1 %
ROE24.9 %46.4 %27.7 %3.3 %6.5 %
ROI24.2 %40.0 %25.9 %5.2 %9.0 %
Economic value added (EVA)9 439.2128 058.0513 953.2071.521 288.37
Solvency
Equity ratio47.9 %47.9 %49.3 %59.0 %59.7 %
Gearing44.8 %33.8 %52.1 %33.8 %31.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.30.91.11.3
Current ratio2.12.22.12.72.7
Cash and cash equivalents7 700.6717 835.782 372.59532.88461.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.13%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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