Copenhagen Luggage Vesterbrogade ApS — Credit Rating and Financial Key Figures

Copenhagen Luggage Vesterbrogade ApS (CVR number: 38640348) is a company from FREDENSBORG. The company recorded a gross profit of 459.5 kDKK in 2023. The operating profit was 394.7 kDKK, while net earnings were 262.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 67.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Copenhagen Luggage Vesterbrogade ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.