CONDOR ISLANDS BRYGGE P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONDOR ISLANDS BRYGGE P/S
CONDOR ISLANDS BRYGGE P/S (CVR number: 35230912) is a company from KØBENHAVN. The company reported a net sales of 145.7 mDKK in 2023, demonstrating a growth of 6017.7 % compared to the previous year. The operating profit percentage was at 50.6 % (EBIT: 73.8 mDKK), while net earnings were 100.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CONDOR ISLANDS BRYGGE P/S's liquidity measured by quick ratio was 15 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 118.84 | 57.16 | 7.09 | 2.38 | 145.72 |
Gross profit | 127.84 | 46.17 | 11.49 | 0.08 | 287.20 |
EBIT | 93.13 | 50.45 | 38.09 | -74.00 | 73.78 |
Net earnings | 93.76 | 52.05 | 39.13 | -73.40 | 100.71 |
Shareholders equity total | 722.62 | 774.67 | 813.80 | 740.40 | 841.11 |
Balance sheet total (assets) | 734.29 | 797.49 | 835.46 | 745.58 | 892.26 |
Net debt | -18.73 | ||||
Profitability | |||||
EBIT-% | 78.4 % | 88.3 % | 537.0 % | -3106.5 % | 50.6 % |
ROA | 13.5 % | 6.8 % | 4.8 % | -9.3 % | 12.3 % |
ROE | 13.9 % | 7.0 % | 4.9 % | -9.4 % | 12.7 % |
ROI | 13.6 % | 6.9 % | 4.9 % | -9.4 % | 12.7 % |
Economic value added (EVA) | 62.41 | 15.09 | -0.81 | - 114.87 | 36.60 |
Solvency | |||||
Equity ratio | 98.4 % | 97.1 % | 97.4 % | 99.3 % | 94.3 % |
Gearing | |||||
Relative net indebtedness % | -5.9 % | 39.9 % | 305.4 % | 217.6 % | 35.1 % |
Liquidity | |||||
Quick ratio | 28.2 | 29.9 | 121.1 | 15.0 | |
Current ratio | 28.2 | 29.9 | 121.1 | 15.0 | |
Cash and cash equivalents | 18.73 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.4 | ||||
Net working capital % | 493.8 % | 1087.7 % | 8821.5 % | 26136.0 % | 492.4 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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