Copenhagen Bicycles ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
Copenhagen Bicycles ApS
Personnel
8 persons
Established
2002
Company form
Private limited company
Industry

About Copenhagen Bicycles ApS

Copenhagen Bicycles ApS (CVR number: 26555655) is a company from GLADSAXE. The company recorded a gross profit of 3964.2 kDKK in 2024. The operating profit was 28.3 kDKK, while net earnings were 38.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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 0.5 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 profit1 084.091 711.153 551.863 561.403 964.21
EBIT-1 815.63214.571 115.56658.9028.32
Net earnings-1 896.2569.071 092.65653.7038.21
Shareholders equity total- 797.54- 728.47364.181 017.881 056.10
Balance sheet total (assets)1 885.122 133.052 479.862 837.602 848.07
Net debt1 173.31766.22- 630.95-1 067.50219.89
Profitability
EBIT-%
ROA-64.7 %7.7 %41.8 %25.1 %1.8 %
ROE-127.1 %3.4 %87.5 %94.6 %3.7 %
ROI-84.9 %10.8 %68.4 %44.5 %2.9 %
Economic value added (EVA)-1 919.3182.601 108.57609.87-64.53
Solvency
Equity ratio-30.1 %-25.5 %14.7 %35.9 %37.1 %
Gearing-233.0 %-265.3 %260.1 %65.5 %71.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.10.91.10.5
Current ratio1.61.20.91.10.6
Cash and cash equivalents685.011 166.081 578.301 733.81534.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.78%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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