FURNINOX ApS — Credit Rating and Financial Key Figures

CVR number: 27674178
Strandgade 4, 5600 Faaborg
furninoxaps@gmail.com
tel: 86836444

Credit rating

Company information

Official name
FURNINOX ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About FURNINOX ApS

FURNINOX ApS (CVR number: 27674178) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -37.1 kDKK in 2023. The operating profit was -115.1 kDKK, while net earnings were 19.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FURNINOX ApS's liquidity measured by quick ratio was 170.9 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 profit-25.44-18.44-68.70-49.10-37.14
EBIT-25.44-18.44- 122.89- 121.57- 115.14
Net earnings342.48928.68257.40-57.8419.44
Shareholders equity total1 747.062 565.142 609.542 321.702 223.34
Balance sheet total (assets)1 778.022 576.112 622.252 334.462 236.42
Net debt- 215.99- 118.27-2 608.26-2 327.82-2 228.64
Profitability
EBIT-%
ROA20.8 %42.7 %23.4 %-2.0 %1.3 %
ROE21.0 %43.1 %9.9 %-2.3 %0.9 %
ROI21.0 %43.1 %23.5 %-2.0 %1.3 %
Economic value added (EVA)-24.70-6.07-68.45- 144.08- 108.37
Solvency
Equity ratio98.3 %99.6 %99.5 %99.5 %99.4 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio7.010.8206.3182.9170.9
Current ratio7.010.8206.3182.9170.9
Cash and cash equivalents215.99118.272 608.262 327.902 228.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:1.28%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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