Copenhagen Real Estate ApS — Credit Rating and Financial Key Figures

CVR number: 31938511
Skibbrogade 3, 9000 Aalborg
admteam2@deas.dk
tel: 70302020
www.realestatedevelopment.dk

Credit rating

Company information

Official name
Copenhagen Real Estate ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About Copenhagen Real Estate ApS

Copenhagen Real Estate ApS (CVR number: 31938511K) is a company from AALBORG. The company recorded a gross profit of 42.6 mDKK in 2023. The operating profit was 49.9 mDKK, while net earnings were 16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Copenhagen Real Estate 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit36 031.2137 565.4439 555.9739 063.3342 642.68
EBIT43 072.6754 763.7251 746.3649 923.0749 878.73
Net earnings18 466.0430 319.4227 317.2332 040.9516 077.06
Shareholders equity total267 519.74173 172.32204 075.43236 116.39252 193.45
Balance sheet total (assets)791 728.52815 516.92835 127.53849 941.37870 102.23
Net debt405 065.75538 446.06520 046.67516 245.37515 718.78
Profitability
EBIT-%
ROA5.9 %6.9 %6.3 %7.1 %5.8 %
ROE7.2 %13.8 %14.5 %14.6 %6.6 %
ROI6.0 %7.1 %6.5 %7.3 %5.9 %
Economic value added (EVA)-4 952.259 988.153 751.112 314.81-2 336.50
Solvency
Equity ratio34.8 %21.2 %25.0 %27.8 %29.0 %
Gearing161.4 %312.7 %255.5 %219.1 %204.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.30.20.20.1
Current ratio1.30.30.20.20.1
Cash and cash equivalents26 798.523 062.771 466.871 109.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:5.84%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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