COPENHAGEN CITY INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 24217191
Vester Voldgade 104, 1552 København V

Credit rating

Company information

Official name
COPENHAGEN CITY INVEST A/S
Established
1962
Company form
Limited company
Industry

About COPENHAGEN CITY INVEST A/S

COPENHAGEN CITY INVEST A/S (CVR number: 24217191) is a company from KØBENHAVN. The company reported a net sales of 2.5 mDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was poor at -203.5 % (EBIT: -5 mDKK), while net earnings were -3794.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -14.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. COPENHAGEN CITY INVEST A/S's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales2 395.852 467.15
Gross profit947.12477.23-7 179.11676.08-2 303.22
EBIT1 270.675 766.80294.871 617.60-5 019.58
Net earnings1 353.154 835.84620.941 675.81-3 794.81
Shareholders equity total20 929.5925 765.4326 386.3728 062.1824 267.37
Balance sheet total (assets)47 601.9753 281.4365 321.1465 537.7763 709.53
Net debt20 121.8320 140.5128 563.3527 612.5530 533.19
Profitability
EBIT-%67.5 %-203.5 %
ROA4.0 %12.7 %1.6 %3.5 %-6.7 %
ROE6.7 %20.7 %2.4 %6.2 %-14.5 %
ROI4.1 %12.9 %1.6 %3.6 %-6.8 %
Economic value added (EVA)- 746.332 692.65-1 818.46- 817.93-6 079.14
Solvency
Equity ratio44.0 %48.4 %40.4 %42.8 %38.1 %
Gearing96.1 %78.2 %108.3 %98.4 %125.8 %
Relative net indebtedness %1204.1 %1273.8 %
Liquidity
Quick ratio0.00.00.10.00.0
Current ratio0.00.00.10.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-557.2 %-627.0 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-6.71%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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