CITY APARTMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CITY APARTMENT A/S
CITY APARTMENT A/S (CVR number: 14408487) is a company from FREDERIKSBERG. The company reported a net sales of 201.4 mDKK in 2024, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 50.5 % (EBIT: 101.7 mDKK), while net earnings were 27.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CITY APARTMENT A/S's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 194 260.00 | 201 415.00 | |
| Gross profit | 118 481.00 | 109 247.00 | |
| EBIT | 58 143.00 | 101 682.00 | |
| Net earnings | -31 253.00 | 27 676.00 | |
| Shareholders equity total | 3 103 887.00 | 3 121 603.00 | |
| Balance sheet total (assets) | 6 085 365.00 | 6 141 881.00 | |
| Net debt | 2 281 105.00 | 2 314 461.00 | |
| Profitability | |||
| EBIT-% | 29.9 % | 50.5 % | |
| ROA | 1.3 % | 2.5 % | |
| ROE | -1.0 % | 0.9 % | |
| ROI | 1.3 % | 2.6 % | |
| Economic value added (EVA) | - 183 703.10 | 44 419.15 | - 229 216.39 |
| Solvency | |||
| Equity ratio | 51.0 % | 50.8 % | |
| Gearing | 74.8 % | 75.3 % | |
| Relative net indebtedness % | 1219.1 % | 1194.3 % | |
| Liquidity | |||
| Quick ratio | 2.2 | 2.6 | |
| Current ratio | 2.4 | 2.7 | |
| Cash and cash equivalents | 40 464.00 | 36 015.00 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 0.1 | ||
| Net working capital % | 140.1 % | 203.7 % | |
| Credit risk | |||
| Credit rating | AA | AAA |
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