Covivio Hamburg 2 ApS

CVR number: 28660677
Østbanegade 123, 2100 København Ø
tel: 70265001

Credit rating

Company information

Official name
Covivio Hamburg 2 ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Covivio Hamburg 2 ApS

Covivio Hamburg 2 ApS (CVR number: 28660677) is a company from KØBENHAVN. The company recorded a gross profit of 1766 kEUR in 2023. The operating profit was -20.7 mEUR, while net earnings were -17.9 mEUR. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -21.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. Covivio Hamburg 2 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 092.001 389.002 300.002 265.001 766.00
EBIT17 378.0012 555.0020 394.005 174.00-20 708.00
Net earnings14 068.009 977.0016 643.003 927.00-17 942.00
Shareholders equity total62 453.0072 430.0089 073.0091 700.0073 758.00
Balance sheet total (assets)111 567.00123 036.00142 430.00144 333.00126 006.00
Net debt37 356.0036 914.0036 499.0035 074.0038 194.00
Profitability
EBIT-%
ROA16.7 %10.7 %15.4 %3.7 %-15.3 %
ROE25.2 %14.8 %20.6 %4.3 %-21.7 %
ROI16.8 %10.8 %15.5 %3.7 %-15.3 %
Economic value added (EVA)10 472.715 657.7911 797.70-1 842.33-23 733.39
Solvency
Equity ratio56.0 %58.9 %62.6 %63.6 %58.6 %
Gearing59.8 %51.0 %41.0 %38.2 %51.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.21.30.20.1
Current ratio0.30.31.20.20.1
Cash and cash equivalents2.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABB

Variable visualization

ROA:-15.3%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-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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