Copenhagen Bicycles ApS

CVR number: 26555655
Engkrogen 9, 2860 Søborg
info@copenhagenbicycles.dk
tel: 61289436
www.copenhagenbicycles.dk

Credit rating

Company information

Official name
Copenhagen Bicycles ApS
Personnel
9 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About Copenhagen Bicycles ApS

Copenhagen Bicycles ApS (CVR number: 26555655) is a company from GLADSAXE. The company recorded a gross profit of 3561.4 kDKK in 2023. The operating profit was 658.9 kDKK, while net earnings were 653.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.1 %, which can be considered excellent and Return on Equity (ROE) was 94.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. Copenhagen Bicycles ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 682.811 084.091 711.153 551.863 561.40
EBIT- 103.05-1 815.63214.571 115.56658.90
Net earnings- 132.89-1 896.2569.071 092.65653.70
Shareholders equity total1 098.71- 797.54- 728.47364.181 017.88
Balance sheet total (assets)2 928.961 885.122 133.052 479.862 837.60
Net debt- 470.661 173.31766.22- 630.95-1 067.50
Profitability
EBIT-%
ROA-3.3 %-64.7 %7.7 %41.8 %25.1 %
ROE-11.4 %-127.1 %3.4 %87.5 %94.6 %
ROI-4.2 %-84.9 %10.8 %68.4 %44.5 %
Economic value added (EVA)-12.38-1 786.17210.401 264.26736.78
Solvency
Equity ratio37.9 %-30.1 %-25.5 %14.7 %35.9 %
Gearing99.2 %-233.0 %-265.3 %260.1 %65.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.61.10.91.1
Current ratio1.11.61.20.91.1
Cash and cash equivalents1 560.17685.011 166.081 578.301 733.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:25.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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