Copenhagen Float ApS — Credit Rating and Financial Key Figures

CVR number: 39810387
Rømersgade 25, 1362 København K
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Company information

Official name
Copenhagen Float ApS
Personnel
13 persons
Established
2018
Company form
Private limited company
Industry

About Copenhagen Float ApS

Copenhagen Float ApS (CVR number: 39810387) is a company from KØBENHAVN. The company recorded a gross profit of 1542.2 kDKK in 2024. The operating profit was 202 kDKK, while net earnings were 112.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent but Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -5.4 %. 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 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit593.151 003.501 337.961 342.531 542.21
EBIT-45.30- 285.69118.5586.53202.02
Net earnings-62.97- 316.69182.6335.88112.17
Shareholders equity total- 105.15- 421.83- 239.21- 153.33-41.16
Balance sheet total (assets)876.26687.14997.481 004.411 007.64
Net debt460.30459.09621.95399.56- 139.25
Profitability
EBIT-%
ROA-5.4 %-27.3 %10.1 %7.2 %18.5 %
ROE-8.2 %-40.5 %21.7 %3.6 %11.1 %
ROI-7.8 %-56.0 %17.5 %11.0 %39.7 %
Economic value added (EVA)-74.61- 307.0580.7743.61135.65
Solvency
Equity ratio-10.7 %-38.0 %-22.0 %-15.9 %-5.4 %
Gearing-504.4 %-116.1 %-362.8 %-461.3 %-773.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.40.60.8
Current ratio0.10.10.40.50.6
Cash and cash equivalents70.0230.55245.97307.78457.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBBBB

Variable visualization

ROA:18.5%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-5.40%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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