CHOICE HOTELS & RESORTS A/S — Credit Rating and Financial Key Figures

CVR number: 33250169
Vesterbrogade 23, 1620 København V

Credit rating

Company information

Official name
CHOICE HOTELS & RESORTS A/S
Established
2010
Company form
Limited company
Industry

About CHOICE HOTELS & RESORTS A/S

CHOICE HOTELS & RESORTS A/S (CVR number: 33250169) is a company from KØBENHAVN. The company recorded a gross profit of -78.7 kDKK in 2023. The operating profit was -78.7 kDKK, while net earnings were -1446.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHOICE HOTELS & RESORTS A/S's liquidity measured by quick ratio was 287.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 438.75173.1345.9223.41-78.72
EBIT- 438.75173.1345.9223.41-78.72
Net earnings- 462.73-23 884.18-54 998.72- 523.25-1 446.70
Shareholders equity total49 520.8925 636.71-29 362.0134 164.7332 718.03
Balance sheet total (assets)52 774.9028 852.483 852.9367 130.0932 825.84
Net debt3 197.393 156.094 620.1132 903.9896.75
Profitability
EBIT-%
ROA-0.8 %59.3 %177.4 %0.4 %0.8 %
ROE-0.9 %-63.6 %-373.0 %-2.8 %-4.3 %
ROI-0.8 %-58.5 %-177.4 %-0.2 %-0.8 %
Economic value added (EVA)- 298.49336.64201.611 613.16-1 667.82
Solvency
Equity ratio93.8 %88.9 %-88.4 %50.9 %99.7 %
Gearing6.5 %12.3 %-15.7 %96.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.32.0287.1
Current ratio0.00.32.0287.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.81%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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