COPENHAGEN GROUP A/S
Credit rating
Company information
About COPENHAGEN GROUP A/S
COPENHAGEN GROUP A/S (CVR number: 28698941K) is a company from KØBENHAVN. The company reported a net sales of 89.4 mDKK in 2023, demonstrating a decline of -81.6 % compared to the previous year. The operating profit percentage was poor at -35.7 % (EBIT: -31.9 mDKK), while net earnings were -25.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COPENHAGEN GROUP 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 772.60 | 487.28 | 89.44 | ||
Gross profit | 20.71 | 29.56 | 1 683.99 | 174.83 | 3.08 |
EBIT | 5.24 | 14.12 | 915.13 | -71.15 | -31.93 |
Net earnings | 2.47 | 8.95 | 713.95 | -52.57 | -25.05 |
Shareholders equity total | 16.54 | 25.94 | 239.89 | 187.32 | 162.27 |
Balance sheet total (assets) | 42.83 | 141.76 | 707.96 | 228.31 | 199.84 |
Net debt | -4.90 | 45.65 | - 121.34 | -41.07 | -4.89 |
Profitability | |||||
EBIT-% | 33.0 % | -14.6 % | -35.7 % | ||
ROA | 11.3 % | 15.5 % | 217.1 % | -13.9 % | -14.4 % |
ROE | 16.1 % | 42.1 % | 537.1 % | -24.6 % | -14.3 % |
ROI | 21.4 % | 27.3 % | 569.3 % | -29.8 % | -17.3 % |
Economic value added (EVA) | 3.23 | 12.25 | 712.72 | -61.78 | -32.46 |
Solvency | |||||
Equity ratio | 38.6 % | 18.6 % | 34.0 % | 82.7 % | 81.6 % |
Gearing | 30.7 % | 213.8 % | 0.8 % | 0.8 % | 0.2 % |
Relative net indebtedness % | 12.4 % | -1.4 % | 36.2 % | ||
Liquidity | |||||
Quick ratio | 1.4 | 0.7 | 1.2 | 3.8 | 2.6 |
Current ratio | 1.6 | 1.1 | 1.5 | 4.5 | 3.7 |
Cash and cash equivalents | 9.98 | 9.82 | 123.35 | 42.52 | 5.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.2 | 4.9 | 232.5 | ||
Net working capital % | 7.6 % | 25.2 % | 115.0 % | ||
Credit risk | |||||
Credit rating | A | BBB | BB | BBB | BB |
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