COPENHAGEN BATH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN BATH ApS
COPENHAGEN BATH ApS (CVR number: 32648622) is a company from RØDOVRE. The company recorded a gross profit of 1132.4 kDKK in 2023. The operating profit was -1574.4 kDKK, while net earnings were -1371.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21 %, which can be considered poor and Return on Equity (ROE) was -34.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. COPENHAGEN BATH ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 049.39 | 3 444.02 | 2 674.79 | 4 882.84 | 1 132.42 |
EBIT | 1 857.50 | 1 502.53 | 425.97 | 2 131.61 | -1 574.38 |
Net earnings | 1 307.89 | 1 009.79 | 390.89 | 1 504.63 | -1 371.69 |
Shareholders equity total | 1 518.21 | 2 794.05 | 3 184.93 | 4 689.56 | 3 317.88 |
Balance sheet total (assets) | 7 880.23 | 7 176.20 | 8 418.01 | 8 283.26 | 6 651.10 |
Net debt | 1 893.30 | - 595.64 | 1 563.51 | 922.73 | 1 307.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.9 % | 20.0 % | 7.7 % | 25.5 % | -21.0 % |
ROE | 43.4 % | 46.8 % | 13.1 % | 38.2 % | -34.3 % |
ROI | 36.3 % | 28.6 % | 11.8 % | 34.9 % | -26.5 % |
Economic value added (EVA) | 1 310.34 | 1 207.36 | 324.01 | 1 539.68 | -1 411.36 |
Solvency | |||||
Equity ratio | 19.3 % | 38.9 % | 39.7 % | 58.2 % | 49.9 % |
Gearing | 286.9 % | 65.3 % | 72.8 % | 42.2 % | 55.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.3 | 0.6 | 0.6 |
Current ratio | 1.2 | 1.6 | 1.5 | 2.2 | 1.9 |
Cash and cash equivalents | 2 462.03 | 2 420.94 | 755.03 | 1 056.59 | 543.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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