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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  14.5% 9.7% 5.1% 14.7% 10.8%  
Credit score (0-100)  16 25 42 13 21  
Credit rating  BB BB BBB BB BB  
Credit limit (kDKK)  0.0 0.0 0.0 -0.0 -0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  1,124 1,337 2,147 -447 114  
EBITDA  -144 303 615 -1,674 -1,237  
EBIT  -173 291 610 -1,674 -1,237  
Pre-tax profit (PTP)  -258.3 253.0 592.8 -1,766.7 -1,277.7  
Net earnings  -210.9 194.2 459.4 -1,380.2 -999.3  
Pre-tax profit without non-rec. items  -258 253 593 -1,767 -1,278  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  17.0 4.6 0.0 0.0 0.0  
Shareholders equity total  22.9 217 677 -704 -1,703  
Interest-bearing liabilities  550 0.0 506 2,105 2,891  
Balance sheet total (assets)  1,909 2,268 2,269 1,606 1,501  

Net Debt  469 -26.2 437 2,102 2,887  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  1,124 1,337 2,147 -447 114  
Gross profit growth  -24.3% 18.9% 60.6% 0.0% 0.0%  
Employees  4 4 4 4 3  
Employee growth %  0.0% 0.0% 0.0% 0.0% -25.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  1,909 2,268 2,269 1,606 1,501  
Balance sheet change%  -0.6% 18.8% 0.0% -29.2% -6.6%  
Added value  -143.6 303.3 615.1 -1,669.6 -1,237.4  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -59 -25 -9 0 0  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -1.0 1.0 2.0 -1.0 -2.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -15.4% 21.8% 28.4% 374.7% -1,080.9%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  -8.7% 14.7% 27.9% -72.1% -43.9%  
ROI %  -25.1% 77.6% 90.5% -100.4% -48.4%  
ROE %  -164.3% 161.8% 102.8% -120.9% -64.3%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  1.2% 9.6% 29.8% -30.5% -53.2%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -326.4% -8.6% 71.0% -125.6% -233.3%  
Gearing %  2,398.3% 0.0% 74.8% -299.2% -169.7%  
Net interest  0 0 0 0 0  
Financing costs %  17.5% 19.6% 16.0% 8.8% 2.7%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.7 0.7 1.1 0.4 0.3  
Current Ratio  1.0 1.1 1.4 0.7 0.5  
Cash and cash equivalent  81.7 26.2 69.3 3.4 3.4  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  6.0 212.5 676.5 -703.7 -1,702.9  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  -36 76 154 -417 -412  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  -36 76 154 -419 -412  
EBIT / employee  -43 73 153 -419 -412  
Net earnings / employee  -53 49 115 -345 -333