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

CVR number: 32559476
Anbækvej 111, 8450 Hammel
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Credit rating

Company information

Official name
HAMMEL FURNITURE A/S
Personnel
68 persons
Established
2009
Company form
Limited company
Industry

About HAMMEL FURNITURE A/S

HAMMEL FURNITURE A/S (CVR number: 32559476) is a company from FAVRSKOV. The company recorded a gross profit of 13.7 mDKK in 2024. The operating profit was -30.8 mDKK, while net earnings were -31.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -40.2 %, which can be considered poor and Return on Equity (ROE) was -110.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HAMMEL FURNITURE A/S's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit33 264.1741 637.1231 304.2913 526.2213 659.00
EBIT3 776.346 539.021 143.63-15 279.49-30 818.86
Net earnings2 515.084 814.06227.02-14 021.31-31 758.74
Shareholders equity total24 169.9943 484.0541 211.0737 189.7620 431.02
Balance sheet total (assets)54 174.0776 890.8879 814.3887 206.4366 096.81
Net debt8 930.639 712.0016 486.8620 912.6923 819.41
Profitability
EBIT-%
ROA7.0 %10.1 %1.5 %-18.3 %-40.2 %
ROE11.0 %14.2 %0.5 %-35.8 %-110.2 %
ROI9.5 %13.3 %1.9 %-23.0 %-50.8 %
Economic value added (EVA)900.203 161.81-2 218.84-15 216.44-32 290.13
Solvency
Equity ratio44.6 %56.6 %51.6 %42.6 %30.9 %
Gearing37.3 %22.8 %41.0 %56.7 %116.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.30.30.3
Current ratio1.81.81.91.21.0
Cash and cash equivalents76.99217.95404.59181.7268.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-40.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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