Colors of Copenhagen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Colors of Copenhagen ApS
Colors of Copenhagen ApS (CVR number: 30557298) is a company from KØBENHAVN. The company recorded a gross profit of -28.7 kDKK in 2023. The operating profit was -81.8 kDKK, while net earnings were -166.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.5 %, which can be considered poor and Return on Equity (ROE) was -124.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. Colors of Copenhagen ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 215.55 | 256.88 | 271.06 | 18.27 | -28.73 |
EBIT | -45.63 | 57.29 | 87.17 | - 141.79 | -81.82 |
Net earnings | -52.73 | 47.77 | 61.51 | - 156.39 | - 166.18 |
Shareholders equity total | 263.34 | 311.11 | 372.62 | 216.24 | 50.05 |
Balance sheet total (assets) | 648.64 | 777.95 | 719.80 | 287.51 | 126.74 |
Net debt | 337.48 | -16.35 | - 338.65 | -44.34 | -42.96 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.9 % | 8.0 % | 11.7 % | -28.2 % | -39.5 % |
ROE | -18.2 % | 16.6 % | 18.0 % | -53.1 % | -124.8 % |
ROI | -8.0 % | 12.5 % | 25.6 % | -48.1 % | -61.4 % |
Economic value added (EVA) | -60.98 | 35.42 | 47.79 | - 142.77 | -90.45 |
Solvency | |||||
Equity ratio | 40.6 % | 40.0 % | 51.8 % | 75.2 % | 39.5 % |
Gearing | 128.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 1.2 | 1.2 | 0.7 |
Current ratio | 1.6 | 1.7 | 2.1 | 1.2 | 0.7 |
Cash and cash equivalents | 16.35 | 338.65 | 44.34 | 42.96 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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