CoCity ApS — Credit Rating and Financial Key Figures

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.