Furnnor Aps — Credit Rating and Financial Key Figures

CVR number: 37214590
Nørrebjerg 65, 7620 Lemvig
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Company information

Official name
Furnnor Aps
Established
2015
Company form
Private limited company
Industry

About Furnnor Aps

Furnnor Aps (CVR number: 37214590) is a company from LEMVIG. The company recorded a gross profit of 299.6 kDKK in 2016. The operating profit was -1072.8 kDKK, while net earnings were -1033.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.6 %, which can be considered poor and Return on Equity (ROE) was -29.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Furnnor Aps's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
Volume
Net sales
Gross profit299.57
EBIT-1 072.79
Net earnings-1 033.37
Shareholders equity total- 943.37
Balance sheet total (assets)3 451.84
Net debt2 053.10
Profitability
EBIT-%
ROA-22.6 %
ROE-29.9 %
ROI-48.4 %
Economic value added (EVA)- 844.19
Solvency
Equity ratio-21.5 %
Gearing-217.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.7
Current ratio0.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingB

Variable visualization

ROA:-22.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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