CHOICE HOTELS & RESORTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 438.75 | 173.13 | 45.92 | 23.41 | -78.72 |
EBIT | - 438.75 | 173.13 | 45.92 | 23.41 | -78.72 |
Net earnings | - 462.73 | -23 884.18 | -54 998.72 | - 523.25 | -1 446.70 |
Shareholders equity total | 49 520.89 | 25 636.71 | -29 362.01 | 34 164.73 | 32 718.03 |
Balance sheet total (assets) | 52 774.90 | 28 852.48 | 3 852.93 | 67 130.09 | 32 825.84 |
Net debt | 3 197.39 | 3 156.09 | 4 620.11 | 32 903.98 | 96.75 |
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) | - 298.49 | 336.64 | 201.61 | 1 613.16 | -1 667.82 |
Solvency | |||||
Equity ratio | 93.8 % | 88.9 % | -88.4 % | 50.9 % | 99.7 % |
Gearing | 6.5 % | 12.3 % | -15.7 % | 96.3 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.3 | 2.0 | 287.1 | |
Current ratio | 0.0 | 0.3 | 2.0 | 287.1 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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