Covivio Hamburg 2 ApS — Credit Rating and Financial Key Figures

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

About Covivio Hamburg 2 ApS

Covivio Hamburg 2 ApS (CVR number: 28660677) is a company from KØBENHAVN. The company recorded a gross profit of 1699 kEUR in 2024. The operating profit was -7456 kEUR, while net earnings were -6941 kEUR. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.2 %, 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 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 389.002 300.002 265.001 766.001 699.00
EBIT12 555.0020 394.005 174.00-20 708.00-7 456.00
Net earnings9 977.0016 643.003 927.00-17 942.00-6 941.00
Shareholders equity total72 430.0089 073.0091 700.0073 758.0066 817.00
Balance sheet total (assets)123 036.00142 430.00144 333.00126 006.00116 859.00
Net debt36 914.0036 499.0035 074.0038 193.0036 996.00
Profitability
EBIT-%
ROA10.7 %15.4 %3.7 %-15.3 %-6.1 %
ROE14.8 %20.6 %4.3 %-21.7 %-9.9 %
ROI10.8 %15.5 %3.7 %-15.3 %-6.2 %
Economic value added (EVA)5 657.7911 797.70-1 842.33-23 733.39-11 664.50
Solvency
Equity ratio58.9 %62.6 %63.6 %58.6 %57.2 %
Gearing51.0 %41.0 %38.2 %51.8 %55.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.30.20.10.0
Current ratio0.31.20.20.10.0
Cash and cash equivalents2.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-6.14%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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