Copenhagen Real Estate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 36 031.21 | 37 565.44 | 39 555.97 | 39 063.33 | 42 642.68 |
EBIT | 43 072.67 | 54 763.72 | 51 746.36 | 49 923.07 | 49 878.73 |
Net earnings | 18 466.04 | 30 319.42 | 27 317.23 | 32 040.95 | 16 077.06 |
Shareholders equity total | 267 519.74 | 173 172.32 | 204 075.43 | 236 116.39 | 252 193.45 |
Balance sheet total (assets) | 791 728.52 | 815 516.92 | 835 127.53 | 849 941.37 | 870 102.23 |
Net debt | 405 065.75 | 538 446.06 | 520 046.67 | 516 245.37 | 515 718.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 6.9 % | 6.3 % | 7.1 % | 5.8 % |
ROE | 7.2 % | 13.8 % | 14.5 % | 14.6 % | 6.6 % |
ROI | 6.0 % | 7.1 % | 6.5 % | 7.3 % | 5.9 % |
Economic value added (EVA) | -4 952.25 | 9 988.15 | 3 751.11 | 2 314.81 | -2 336.50 |
Solvency | |||||
Equity ratio | 34.8 % | 21.2 % | 25.0 % | 27.8 % | 29.0 % |
Gearing | 161.4 % | 312.7 % | 255.5 % | 219.1 % | 204.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.3 | 0.2 | 0.2 | 0.1 |
Current ratio | 1.3 | 0.3 | 0.2 | 0.2 | 0.1 |
Cash and cash equivalents | 26 798.52 | 3 062.77 | 1 466.87 | 1 109.26 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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