KLASSIK - MODERNE MØBELKUNST A/S — Credit Rating and Financial Key Figures

CVR number: 20175885
Bredgade 3, 1260 København K
tel: 33339060

Company information

Official name
KLASSIK - MODERNE MØBELKUNST A/S
Personnel
9 persons
Established
1997
Company form
Limited company
Industry

About KLASSIK - MODERNE MØBELKUNST A/S

KLASSIK - MODERNE MØBELKUNST A/S (CVR number: 20175885) is a company from KØBENHAVN. The company recorded a gross profit of 8048.7 kDKK in 2023. The operating profit was 2671.6 kDKK, while net earnings were 1924.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. KLASSIK - MODERNE MØBELKUNST A/S's liquidity measured by quick ratio was 4.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 792.8910 101.1212 185.1512 145.468 048.67
EBIT1 864.034 103.574 523.685 150.652 671.65
Net earnings1 023.732 595.222 708.133 523.991 924.14
Shareholders equity total15 913.8418 509.0621 217.1824 741.1626 665.31
Balance sheet total (assets)46 535.3154 081.1356 519.7956 976.2643 874.97
Net debt27 597.2429 568.5126 771.9014 109.5310 959.11
Profitability
EBIT-%
ROA5.2 %8.7 %8.5 %9.6 %6.0 %
ROE6.6 %15.1 %13.6 %15.3 %7.5 %
ROI5.6 %9.4 %9.4 %10.5 %6.5 %
Economic value added (EVA)- 143.111 625.661 905.952 392.60855.36
Solvency
Equity ratio34.2 %34.2 %37.5 %43.4 %60.8 %
Gearing176.0 %165.1 %137.5 %114.5 %50.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.71.44.3
Current ratio2.31.92.02.911.0
Cash and cash equivalents407.39987.272 409.1714 209.982 388.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.00%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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