AB COPENHAGEN LIMOUSINE SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 34088004
Kanalholmen 1, 2650 Hvidovre
mail@ab-v.dk
tel: 43548502
www.abcopenhagen.dk

Credit rating

Company information

Official name
AB COPENHAGEN LIMOUSINE SERVICE ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About AB COPENHAGEN LIMOUSINE SERVICE ApS

AB COPENHAGEN LIMOUSINE SERVICE ApS (CVR number: 34088004) is a company from HVIDOVRE. The company recorded a gross profit of 1701.9 kDKK in 2023. The operating profit was 1467.4 kDKK, while net earnings were 1143.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 128.9 %, which can be considered excellent and Return on Equity (ROE) was 153.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. AB COPENHAGEN LIMOUSINE SERVICE ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit57.00-9.00- 343.001 678.001 701.92
EBIT- 505.00- 168.00- 493.00855.001 467.35
Net earnings- 441.00- 176.00- 429.00652.001 143.42
Shareholders equity total- 554.00- 731.00-1 160.00- 507.00636.46
Balance sheet total (assets)1 112.00707.00263.00855.00923.79
Net debt1 573.001 367.001 402.00-75.00- 150.44
Profitability
EBIT-%
ROA-31.1 %-10.8 %-34.5 %62.0 %128.9 %
ROE-34.2 %-19.4 %-88.5 %116.6 %153.3 %
ROI-32.3 %-11.2 %-35.1 %106.7 %348.1 %
Economic value added (EVA)- 381.75- 103.32- 346.90724.561 184.16
Solvency
Equity ratio-33.3 %-50.8 %-81.5 %-37.2 %68.9 %
Gearing-284.8 %-189.5 %-121.3 %-41.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.10.62.5
Current ratio0.40.30.10.62.5
Cash and cash equivalents5.0018.005.00285.00150.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:128.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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