My Home Møbler A/S — Credit Rating and Financial Key Figures

CVR number: 19176398
Storegade 35, 8990 Fårup
info@mhls.dk
tel: 72220280

Credit rating

Company information

Official name
My Home Møbler A/S
Personnel
158 persons
Established
1996
Company form
Limited company
Industry

About My Home Møbler A/S

My Home Møbler A/S (CVR number: 19176398) is a company from RANDERS. The company recorded a gross profit of 47.4 mDKK in 2023. The operating profit was -19.4 mDKK, while net earnings were -15.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -17.5 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. My Home Møbler A/S's liquidity measured by quick ratio was 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit17 525.0028 589.0079 041.0050 727.8147 444.51
EBIT869.002 655.00-4 548.00-28 006.43-19 440.98
Net earnings125.00998.00-5 054.00-22 122.28-15 563.28
Shareholders equity total4 090.005 088.0081 486.0059 363.6255 005.62
Balance sheet total (assets)45 817.0052 246.00142 614.00107 932.43106 498.43
Net debt5 378.0012 439.00- 590.00-15 299.78-31 254.80
Profitability
EBIT-%
ROA3.4 %7.1 %-4.7 %-22.4 %-17.5 %
ROE3.1 %21.7 %-11.7 %-31.4 %-27.2 %
ROI11.0 %18.5 %-8.2 %-37.1 %-31.5 %
Economic value added (EVA)710.202 202.78-3 577.85-25 767.15-17 290.38
Solvency
Equity ratio8.9 %9.7 %64.6 %62.6 %58.3 %
Gearing282.9 %299.2 %0.3 %0.9 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.11.00.91.6
Current ratio1.01.02.42.22.3
Cash and cash equivalents6 191.002 785.00798.0015 806.7731 358.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-17.5%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

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