DANIA FURNITURE ApS — Credit Rating and Financial Key Figures

CVR number: 32091563
Egernvej 14, Strandhuse 6000 Kolding

Credit rating

Company information

Official name
DANIA FURNITURE ApS
Personnel
2 persons
Established
2009
Domicile
Strandhuse
Company form
Private limited company
Industry

About DANIA FURNITURE ApS

DANIA FURNITURE ApS (CVR number: 32091563) is a company from KOLDING. The company reported a net sales of 2 mDKK in 2024, demonstrating a decline of -6.4 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 0 mDKK), while net earnings were 10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.4 %, 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. DANIA FURNITURE ApS's liquidity measured by quick ratio was 0.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 972.752 536.241 792.762 111.651 976.54
Gross profit534.761 116.78962.96778.691 058.89
EBIT-87.66283.72174.7717.4618.74
Net earnings-64.41318.99171.9012.6610.26
Shareholders equity total- 261.7911.42123.33135.98146.24
Balance sheet total (assets)156.13511.86372.24684.99623.97
Net debt194.5513.30-17.55- 200.7875.81
Profitability
EBIT-%-4.4 %11.2 %9.7 %0.8 %0.9 %
ROA-13.3 %71.3 %39.5 %3.3 %2.9 %
ROE-31.6 %380.8 %255.1 %9.8 %7.3 %
ROI-36.1 %295.3 %228.1 %11.0 %8.7 %
Economic value added (EVA)-72.43302.19177.478.9720.80
Solvency
Equity ratio-62.6 %2.2 %33.1 %19.9 %23.4 %
Gearing-74.3 %161.9 %42.9 %60.4 %
Relative net indebtedness %21.2 %19.5 %12.9 %13.7 %23.5 %
Liquidity
Quick ratio0.40.10.60.2
Current ratio0.10.70.91.01.0
Cash and cash equivalents5.2017.55259.1912.59
Capital use efficiency
Trade debtors turnover (days)28.43.616.415.9
Net working capital %-19.0 %-5.3 %-1.3 %1.0 %-0.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:2.86%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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