EDITION COPENHAGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EDITION COPENHAGEN A/S
EDITION COPENHAGEN A/S (CVR number: 10278678) is a company from KØBENHAVN. The company reported a net sales of 25.8 mDKK in 2023, demonstrating a decline of -2.2 % compared to the previous year. The operating profit percentage was at 41.9 % (EBIT: 10.8 mDKK), while net earnings were 8488.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.5 %, which can be considered excellent and Return on Equity (ROE) was 69 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EDITION COPENHAGEN A/S's liquidity measured by quick ratio was 5.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 614.74 | 29 310.66 | 31 354.92 | 26 363.44 | 25 793.29 |
Gross profit | 13 450.75 | 22 026.28 | 23 816.58 | 19 041.74 | 18 915.81 |
EBIT | 7 490.31 | 14 602.79 | 15 585.13 | 10 818.75 | 10 811.24 |
Net earnings | 5 829.01 | 11 389.38 | 12 072.98 | 8 411.58 | 8 488.37 |
Shareholders equity total | 9 182.20 | 14 871.58 | 15 844.56 | 12 256.14 | 12 344.51 |
Balance sheet total (assets) | 12 824.89 | 18 552.28 | 17 310.37 | 14 012.28 | 14 441.82 |
Net debt | -10 121.26 | -12 222.79 | -13 548.24 | -10 426.64 | -10 444.04 |
Profitability | |||||
EBIT-% | 40.2 % | 49.8 % | 49.7 % | 41.0 % | 41.9 % |
ROA | 71.7 % | 93.1 % | 87.0 % | 69.4 % | 76.5 % |
ROE | 73.6 % | 94.7 % | 78.6 % | 59.9 % | 69.0 % |
ROI | 87.7 % | 111.7 % | 97.8 % | 77.4 % | 88.5 % |
Economic value added (EVA) | 5 753.50 | 11 476.83 | 12 017.59 | 8 282.35 | 8 340.72 |
Solvency | |||||
Equity ratio | 71.6 % | 80.2 % | 91.5 % | 87.5 % | 85.5 % |
Gearing | |||||
Relative net indebtedness % | -34.8 % | -29.1 % | -38.5 % | -32.9 % | -32.4 % |
Liquidity | |||||
Quick ratio | 4.1 | 6.8 | 10.7 | 6.9 | 5.9 |
Current ratio | 4.6 | 7.3 | 11.6 | 7.7 | 6.7 |
Cash and cash equivalents | 10 121.26 | 12 222.79 | 13 548.24 | 10 426.64 | 10 444.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.0 | 15.0 | 10.6 | 14.6 | 24.0 |
Net working capital % | 52.4 % | 53.5 % | 49.4 % | 44.9 % | 46.1 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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