REFORM FURNITURE APS

CVR number: 36397888
Otto Busses Vej 9, 2450 København SV
hej@reformcph.dk
www.reformcph.dk

Credit rating

Company information

Official name
REFORM FURNITURE APS
Personnel
29 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About REFORM FURNITURE APS

REFORM FURNITURE APS (CVR number: 36397888) is a company from KØBENHAVN. The company recorded a gross profit of 20.9 mDKK in 2023. The operating profit was 2095.2 kDKK, while net earnings were 1892.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, 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. REFORM FURNITURE APS's liquidity measured by quick ratio was 3.5 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
20192020202120222023
Volume
Net sales
Gross profit13 581.179 692.1819 803.3724 775.3620 855.14
EBIT4 834.271 118.091 817.982 842.132 095.19
Net earnings4 486.48715.502 027.532 879.251 892.85
Shareholders equity total952.406 550.318 750.0711 360.1112 953.90
Balance sheet total (assets)13 166.6128 984.3043 573.5750 039.2932 350.55
Net debt- 506.24-5 887.076 177.386 824.70-2 696.37
Profitability
EBIT-%
ROA41.7 %7.0 %9.4 %8.7 %6.5 %
ROE112.8 %19.1 %26.5 %28.6 %15.6 %
ROI294.6 %26.3 %27.3 %19.5 %13.8 %
Economic value added (EVA)5 223.741 552.871 485.451 782.141 400.12
Solvency
Equity ratio9.9 %32.1 %31.3 %29.1 %58.5 %
Gearing177.3 %32.3 %87.8 %125.4 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.32.21.63.5
Current ratio1.01.31.21.21.6
Cash and cash equivalents2 194.538 005.591 504.587 424.643 184.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:6.54%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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