Copenhagen Float ApS

CVR number: 39810387
Rømersgade 25, 1362 København K

Credit rating

Company information

Official name
Copenhagen Float ApS
Personnel
9 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon96Other personal service activities

About the company

Copenhagen Float ApS (CVR number: 39810387) is a company from KØBENHAVN. The company recorded a gross profit of 1342.5 kDKK in 2023. The operating profit was 86.5 kDKK, while net earnings were 35.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -15.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Copenhagen Float ApS's liquidity measured by quick ratio was 0.6 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
20192020202120222023
Volume
Net sales626.80
Gross profit143.74593.151 003.501 337.961 342.53
EBIT-77.31-45.30- 285.69118.5586.53
Net earnings-92.18-62.97- 316.69182.6335.88
Shareholders equity total-42.18- 105.15- 421.83- 239.21- 153.33
Balance sheet total (assets)663.45876.26687.14997.481 004.41
Net debt305.20460.30459.09621.95399.56
Profitability
EBIT-%-12.3 %
ROA-11.0 %-5.4 %-27.3 %10.1 %7.2 %
ROE-13.9 %-8.2 %-40.5 %21.7 %3.6 %
ROI-12.4 %-7.8 %-56.0 %17.5 %11.0 %
Economic value added (EVA)-77.31-27.09- 276.88106.9199.59
Solvency
Equity ratio-6.0 %-10.7 %-38.0 %-22.0 %-15.9 %
Gearing-1482.7 %-504.4 %-116.1 %-362.8 %-461.3 %
Relative net indebtedness %61.5 %
Liquidity
Quick ratio0.70.10.10.40.6
Current ratio0.70.10.10.40.5
Cash and cash equivalents320.2270.0230.55245.97307.78
Capital use efficiency
Trade debtors turnover (days)19.6
Net working capital %-35.6 %
Credit risk
Credit ratingBBCBBB

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-15.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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