City Bilen ApS — Credit Rating and Financial Key Figures

CVR number: 39965666
Vestergade 15, 9400 Nørresundby
bk15@stofanet.dk
tel: 40890654

Credit rating

Company information

Official name
City Bilen ApS
Personnel
6 persons
Established
2018
Company form
Private limited company
Industry

About City Bilen ApS

City Bilen ApS (CVR number: 39965666) is a company from AALBORG. The company recorded a gross profit of 1729 kDKK in 2023. The operating profit was 130.6 kDKK, while net earnings were 99 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. City Bilen ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit629.30350.39861.231 058.041 728.96
EBIT105.3332.10301.24114.83130.57
Net earnings79.1419.60227.0187.8799.00
Shareholders equity total79.1498.73325.75356.42396.52
Balance sheet total (assets)239.50363.10519.76486.31664.61
Net debt- 167.71-47.82- 346.52- 165.25- 105.93
Profitability
EBIT-%
ROA44.0 %10.7 %68.2 %22.8 %22.7 %
ROE100.0 %22.0 %107.0 %25.8 %26.3 %
ROI71.4 %16.5 %96.3 %30.5 %31.0 %
Economic value added (EVA)81.4634.51236.4195.5891.70
Solvency
Equity ratio33.0 %27.2 %62.7 %73.3 %59.7 %
Gearing86.5 %145.4 %17.7 %4.0 %18.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.82.22.31.2
Current ratio1.50.82.22.31.2
Cash and cash equivalents236.16191.37404.05179.45179.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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