Cityforeninger ApS — Credit Rating and Financial Key Figures

CVR number: 32320422
Nytorv 3, 8500 Grenaa

Credit rating

Company information

Official name
Cityforeninger ApS
Personnel
3 persons
Established
2010
Company form
Private limited company
Industry
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About Cityforeninger ApS

Cityforeninger ApS (CVR number: 32320422) is a company from NORDDJURS. The company recorded a gross profit of 7.7 kDKK in 2024. The operating profit was -27.3 kDKK, while net earnings were -26.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. Cityforeninger ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit86.1083.2694.0827.037.67
EBIT61.1053.2679.0812.03-27.34
Net earnings41.4434.3950.674.80-26.89
Shareholders equity total461.62526.00576.67581.47554.58
Balance sheet total (assets)2 175.012 239.322 327.023 285.031 530.34
Net debt269.20- 890.10-1 322.25- 898.20- 513.88
Profitability
EBIT-%
ROA3.0 %2.4 %3.5 %0.4 %-1.0 %
ROE9.5 %7.0 %9.2 %0.8 %-4.7 %
ROI8.9 %7.9 %10.8 %1.5 %-2.2 %
Economic value added (EVA)42.4421.4381.6662.81-3.58
Solvency
Equity ratio21.2 %23.5 %24.8 %17.7 %36.2 %
Gearing71.6 %6.7 %55.8 %26.8 %169.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.31.21.6
Current ratio1.31.31.31.21.6
Cash and cash equivalents61.32925.251 643.971 054.301 455.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-1.04%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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