FURNES ApS — Credit Rating and Financial Key Figures

CVR number: 32659047
Kildegade 26, 8700 Horsens
post@sitz.dk
tel: 29179927
Free credit report

Credit rating

Company information

Official name
FURNES ApS
Established
2009
Company form
Private limited company
Industry

About FURNES ApS

FURNES ApS (CVR number: 32659047) is a company from HORSENS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 143.4 % compared to the previous year. The operating profit percentage was at 88.3 % (EBIT: 0.1 mDKK), while net earnings were 87.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FURNES ApS's liquidity measured by quick ratio was 6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales87.03427.64-95.8636.6289.13
Gross profit78.91419.13-78.7021.3578.71
EBIT78.91419.13-78.7021.3578.71
Net earnings76.13425.41-61.0119.0587.31
Shareholders equity total502.05816.86642.85547.51517.01
Balance sheet total (assets)653.58921.19762.67641.73550.18
Net debt0.17- 469.29- 394.99-34.06- 122.02
Profitability
EBIT-%90.7 %98.0 %58.3 %88.3 %
ROA12.1 %54.3 %-5.7 %3.9 %14.9 %
ROE14.7 %64.5 %-8.4 %3.2 %16.4 %
ROI14.7 %64.8 %-6.6 %4.6 %16.7 %
Economic value added (EVA)98.12435.76-80.3227.3779.99
Solvency
Equity ratio76.8 %88.7 %84.3 %85.3 %94.0 %
Gearing0.0 %
Relative net indebtedness %174.1 %-85.3 %287.0 %164.3 %-99.7 %
Liquidity
Quick ratio1.35.54.54.06.0
Current ratio1.35.54.54.06.0
Cash and cash equivalents469.29394.9934.06122.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %55.1 %109.2 %-437.0 %783.7 %187.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.