SØREN LUND MØBLER A/S

CVR number: 53682812
Hvilhusevej 13, Tørring 8983 Gjerlev J
tel: 86476373

Credit rating

Company information

Official name
SØREN LUND MØBLER A/S
Personnel
17 persons
Established
1975
Domicile
Tørring
Company form
Limited company
Industry
  • Expand more icon31Manufacture of furniture

About SØREN LUND MØBLER A/S

SØREN LUND MØBLER A/S (CVR number: 53682812) is a company from RANDERS. The company recorded a gross profit of 6245 kDKK in 2023. The operating profit was -1264.2 kDKK, while net earnings were -1057.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. SØREN LUND MØBLER A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6 824.626 304.209 381.609 465.576 245.04
EBIT106.41- 760.43484.99648.07-1 264.23
Net earnings38.73- 587.91361.03451.22-1 057.07
Shareholders equity total7 985.627 397.727 758.758 209.967 152.89
Balance sheet total (assets)10 787.4012 592.6512 994.9212 159.3010 969.11
Net debt-1 158.55- 339.16162.52-1 132.03190.64
Profitability
EBIT-%
ROA1.2 %-6.3 %3.9 %5.2 %-10.9 %
ROE0.5 %-7.6 %4.8 %5.7 %-13.8 %
ROI1.4 %-7.7 %4.8 %6.2 %-12.9 %
Economic value added (EVA)- 251.08- 893.6664.53165.63-1 301.94
Solvency
Equity ratio74.0 %58.7 %59.7 %67.5 %65.2 %
Gearing10.7 %11.5 %15.6 %10.8 %13.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.01.11.51.1
Current ratio3.42.72.73.63.1
Cash and cash equivalents2 014.121 186.671 044.672 016.18778.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABB

Variable visualization

ROA:-10.9%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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