COPENHAGEN GROUP A/S
Credit rating
Company information
About COPENHAGEN GROUP A/S
COPENHAGEN GROUP A/S (CVR number: 28698941) is a company from KØBENHAVN. The company reported a net sales of 8 mDKK in 2023, demonstrating a decline of -56.8 % compared to the previous year. The operating profit percentage was poor at -121.2 % (EBIT: -9.7 mDKK), while net earnings were -25.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, 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 71.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COPENHAGEN GROUP A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 22 915.00 | 18 537.18 | 8 000.00 | ||
Gross profit | 5 375.23 | 7 965.90 | 10 502.20 | 761.30 | -2 789.04 |
EBIT | -1 069.75 | -1 156.66 | -3 700.17 | -9 159.60 | -9 692.29 |
Net earnings | 7 057.37 | 4 529.20 | 713 948.75 | -52 569.71 | -25 051.97 |
Shareholders equity total | 21 411.19 | 25 940.40 | 239 889.14 | 187 319.43 | 162 267.47 |
Balance sheet total (assets) | 59 605.94 | 68 018.41 | 439 111.07 | 352 331.47 | 226 163.34 |
Net debt | 34 885.07 | 32 059.22 | 193 155.15 | 151 827.81 | 60 303.70 |
Profitability | |||||
EBIT-% | -16.1 % | -49.4 % | -121.2 % | ||
ROA | 17.0 % | 8.8 % | 284.1 % | -12.3 % | -8.4 % |
ROE | 39.4 % | 19.1 % | 537.1 % | -24.6 % | -14.3 % |
ROI | 17.6 % | 9.5 % | 289.5 % | -12.4 % | -8.5 % |
Economic value added (EVA) | 6.76 | - 128.88 | -1 819.66 | 6 186.74 | 4 421.66 |
Solvency | |||||
Equity ratio | 35.9 % | 38.1 % | 54.6 % | 53.2 % | 71.7 % |
Gearing | 168.3 % | 136.8 % | 81.8 % | 85.9 % | 38.6 % |
Relative net indebtedness % | 856.0 % | 840.7 % | 768.7 % | ||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 0.8 | 0.6 | 1.4 |
Current ratio | 0.4 | 0.2 | 0.8 | 0.6 | 1.4 |
Cash and cash equivalents | 1 153.82 | 3 432.00 | 3 065.94 | 9 168.35 | 2 402.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.7 | ||||
Net working capital % | -209.6 % | -384.6 % | 285.9 % | ||
Credit risk | |||||
Credit rating | A | A | BB | BB | BBB |
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