China Classification Society Copenhagen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About China Classification Society Copenhagen ApS
China Classification Society Copenhagen ApS (CVR number: 37939463) is a company from GENTOFTE. The company recorded a gross profit of 2337.9 kDKK in 2023. The operating profit was -554.2 kDKK, while net earnings were -422.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -16.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. China Classification Society Copenhagen ApS's liquidity measured by quick ratio was 3.2 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 | 4 204.00 | 2 526.00 | 3 325.00 | 2 783.00 | 2 337.89 |
EBIT | 1 803.00 | 223.00 | 517.00 | 585.00 | - 554.16 |
Net earnings | 1 394.00 | 136.00 | 413.00 | 462.00 | - 422.75 |
Shareholders equity total | 1 755.00 | 1 891.00 | 2 304.00 | 2 767.00 | 2 344.28 |
Balance sheet total (assets) | 3 782.00 | 3 064.00 | 3 275.00 | 3 215.00 | 3 342.67 |
Net debt | -1 240.00 | -2 619.00 | -2 462.00 | -1 898.00 | -2 460.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 62.2 % | 7.9 % | 17.3 % | 18.8 % | -16.3 % |
ROE | 131.8 % | 7.5 % | 19.7 % | 18.2 % | -16.5 % |
ROI | 78.6 % | 11.5 % | 26.0 % | 24.1 % | -20.9 % |
Economic value added (EVA) | 1 463.68 | 196.76 | 439.45 | 462.94 | - 477.70 |
Solvency | |||||
Equity ratio | 46.2 % | 61.7 % | 70.4 % | 86.1 % | 70.1 % |
Gearing | 59.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.6 | 3.2 | 6.8 | 3.2 |
Current ratio | 1.8 | 2.6 | 3.2 | 6.8 | 3.2 |
Cash and cash equivalents | 2 280.00 | 2 619.00 | 2 462.00 | 1 898.00 | 2 460.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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