Copenhagen Flames ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Copenhagen Flames ApS
Copenhagen Flames ApS (CVR number: 37878235) is a company from KØBENHAVN. The company recorded a gross profit of 10.2 mDKK in 2021. The operating profit was -58.9 kDKK, while net earnings were 46.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -39.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Copenhagen Flames 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 97.00 | - 155.53 | 461.41 | 2 359.51 | 10 180.94 |
EBIT | - 325.00 | -1 435.25 | -1 722.93 | - 390.48 | -58.91 |
Net earnings | - 340.00 | -1 152.61 | -2 117.16 | - 534.81 | 46.72 |
Shareholders equity total | - 340.00 | -1 492.22 | -3 459.38 | -3 994.19 | -3 907.47 |
Balance sheet total (assets) | 106.00 | 644.92 | 60.38 | 1 032.30 | 5 915.14 |
Net debt | 401.00 | 42.86 | 64.78 | - 769.97 | -3 554.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -72.9 % | -111.1 % | -60.9 % | -9.1 % | 1.3 % |
ROE | -320.8 % | -307.0 % | -600.4 % | -97.9 % | 1.3 % |
ROI | -78.5 % | -407.0 % | -915.6 % | -918.8 % | 78.6 % |
Economic value added (EVA) | - 325.00 | -1 108.22 | -1 938.43 | - 208.10 | 180.49 |
Solvency | |||||
Equity ratio | -76.2 % | -69.8 % | -98.3 % | -79.5 % | -39.8 % |
Gearing | -121.8 % | -19.5 % | -2.5 % | -6.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 0.0 | 0.2 | 0.6 |
Current ratio | 0.1 | 0.3 | 0.0 | 0.2 | 0.6 |
Cash and cash equivalents | 13.00 | 248.49 | 20.22 | 769.97 | 3 799.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | C | C | B | BB |
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