Credit rating
Company information
About CoCity ApS
CoCity ApS (CVR number: 37048348) is a company from BALLERUP. The company recorded a gross profit of -19 kDKK in 2022. The operating profit was -19 kDKK, while net earnings were -24.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.5 %, which can be considered poor and Return on Equity (ROE) was -84.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CoCity ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10.80 | -4.64 | -9.72 | -18.99 | |
EBIT | 10.80 | -4.64 | -9.72 | -18.99 | |
Net earnings | 7.10 | -6.15 | -10.02 | -24.30 | |
Shareholders equity total | 57.10 | 50.95 | 40.93 | 40.93 | 16.63 |
Balance sheet total (assets) | 167.25 | 66.07 | 68.87 | 68.87 | 55.42 |
Net debt | -80.49 | -41.52 | -48.40 | -48.40 | -30.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | -4.0 % | -14.4 % | -30.5 % | |
ROE | 6.2 % | -11.4 % | -21.8 % | -84.4 % | |
ROI | 7.3 % | -5.3 % | -19.1 % | -47.0 % | |
Economic value added (EVA) | 11.78 | -0.24 | -10.07 | 0.75 | -18.24 |
Solvency | |||||
Equity ratio | 34.1 % | 77.1 % | 59.4 % | 59.4 % | 30.0 % |
Gearing | 112.4 % | 4.9 % | 18.3 % | 18.3 % | 94.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 4.4 | 2.5 | 2.5 | 1.4 |
Current ratio | 1.5 | 4.4 | 2.5 | 2.5 | 1.4 |
Cash and cash equivalents | 144.67 | 44.02 | 55.87 | 55.87 | 46.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | C | B | B | B |
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