REFORM FURNITURE APS — Credit Rating and Financial Key Figures

CVR number: 36397888
Vermundsgade 38 C, 2100 København Ø
hej@reformcph.dk
www.reformcph.dk

Company information

Official name
REFORM FURNITURE APS
Personnel
24 persons
Established
2014
Company form
Private limited company
Industry

About REFORM FURNITURE APS

REFORM FURNITURE APS (CVR number: 36397888) is a company from KØBENHAVN. The company recorded a gross profit of 13.8 mDKK in 2024. The operating profit was 1648.1 kDKK, while net earnings were 1738.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. REFORM FURNITURE APS's liquidity measured by quick ratio was 4.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 692.1819 803.3724 775.3620 718.9913 843.51
EBIT1 118.091 817.982 842.132 095.191 648.08
Net earnings715.502 027.532 879.251 892.851 738.75
Shareholders equity total6 550.318 750.0711 360.1112 953.9014 330.59
Balance sheet total (assets)28 984.3043 573.5750 039.2932 350.5530 239.05
Net debt-5 887.076 177.386 824.70-2 696.37-4 019.19
Profitability
EBIT-%
ROA7.0 %9.4 %8.7 %6.5 %7.5 %
ROE19.1 %26.5 %28.6 %15.6 %12.7 %
ROI26.3 %27.3 %19.5 %13.8 %16.8 %
Economic value added (EVA)1 284.70976.711 394.55334.54608.74
Solvency
Equity ratio32.1 %31.3 %29.1 %58.5 %67.0 %
Gearing32.3 %87.8 %125.4 %3.8 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.21.63.54.7
Current ratio1.31.21.21.61.9
Cash and cash equivalents8 005.591 504.587 424.643 184.444 020.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:7.45%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.0%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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