CHOPAR A/S — Credit Rating and Financial Key Figures

CVR number: 12223943
Østergade 54, 7430 Ikast
tel: 97141334

Credit rating

Company information

Official name
CHOPAR A/S
Personnel
19 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon14Manufacture of wearing apparel

About CHOPAR A/S

CHOPAR A/S (CVR number: 12223943) is a company from IKAST-BRANDE. The company recorded a gross profit of 10.9 mDKK in 2023. The operating profit was 1544 kDKK, while net earnings were 440.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 33.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CHOPAR A/S's liquidity measured by quick ratio was 0.3 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit9 243.135 168.978 848.459 362.1110 873.47
EBIT433.95-2 204.61516.48790.271 544.03
Net earnings41.44-1 879.80152.3153.21440.23
Shareholders equity total1 755.60875.801 028.111 081.321 521.55
Balance sheet total (assets)11 159.9911 106.1514 975.0214 308.5115 141.72
Net debt4 651.324 736.554 241.917 658.678 149.09
Profitability
EBIT-%
ROA3.9 %-19.6 %4.4 %5.7 %11.2 %
ROE1.9 %-142.9 %16.0 %5.0 %33.8 %
ROI9.5 %-35.5 %10.0 %11.1 %17.1 %
Economic value added (EVA)226.47-1 789.77182.50421.19870.99
Solvency
Equity ratio15.7 %7.9 %7.7 %9.7 %12.1 %
Gearing266.9 %555.5 %453.7 %748.5 %561.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.30.40.3
Current ratio1.11.41.21.81.7
Cash and cash equivalents34.40128.25422.34434.62390.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.1%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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