COPENHAGEN ELECTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN ELECTION A/S
COPENHAGEN ELECTION A/S (CVR number: 30713478) is a company from KØBENHAVN. The company recorded a gross profit of -112.5 kDKK in 2023. The operating profit was -159.7 kDKK, while net earnings were 157.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COPENHAGEN ELECTION A/S's liquidity measured by quick ratio was 178 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 014.81 | 3 850.27 | 6 347.12 | - 293.12 | - 112.46 |
EBIT | 8 976.84 | 3 812.30 | 6 309.15 | - 360.19 | - 159.71 |
Net earnings | 7 729.09 | 3 035.30 | 5 066.16 | 104.90 | 157.22 |
Shareholders equity total | 13 642.48 | 16 677.78 | 21 743.95 | 21 848.85 | 22 006.07 |
Balance sheet total (assets) | 22 024.53 | 18 839.24 | 24 346.16 | 21 942.02 | 22 121.37 |
Net debt | -3 743.42 | - 125.44 | - 147.17 | - 279.59 | -78.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 66.5 % | 20.6 % | 31.5 % | 0.4 % | 1.1 % |
ROE | 79.0 % | 20.0 % | 26.4 % | 0.5 % | 0.7 % |
ROI | 98.8 % | 27.8 % | 35.4 % | 0.5 % | 1.1 % |
Economic value added (EVA) | 7 019.42 | 2 476.18 | 4 089.39 | -1 469.65 | -1 189.47 |
Solvency | |||||
Equity ratio | 61.9 % | 88.5 % | 89.3 % | 99.6 % | 99.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 8.3 | 9.1 | 217.8 | 178.0 |
Current ratio | 2.6 | 8.7 | 9.3 | 234.3 | 191.3 |
Cash and cash equivalents | 3 743.42 | 125.44 | 147.17 | 279.59 | 78.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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