Commercial Holdings ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Commercial Holdings ApS
Commercial Holdings ApS (CVR number: 25971183) is a company from KØBENHAVN. The company recorded a gross profit of -24.4 kDKK in 2023. The operating profit was -24.4 kDKK, while net earnings were -57.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Commercial Holdings ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.50 | -13.64 | -22.12 | -22.11 | -24.36 |
EBIT | -8.50 | -13.64 | -22.12 | -22.11 | -24.36 |
Net earnings | -8.50 | -40.67 | -53.63 | -54.71 | -57.50 |
Shareholders equity total | 112.19 | 71.52 | 17.89 | -36.81 | -94.31 |
Balance sheet total (assets) | 4 750.00 | 4 811.98 | 4 824.48 | 9 420.05 | 22 042.81 |
Net debt | 15.61 | 62.78 | 2 082.41 | 9 440.52 | 22 063.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.3 % | -0.3 % | -0.5 % | -0.3 % | 0.2 % |
ROE | -7.3 % | -44.3 % | -119.9 % | -1.2 % | -0.4 % |
ROI | -0.3 % | -0.3 % | -0.6 % | -0.4 % | 0.2 % |
Economic value added (EVA) | -14.56 | 223.77 | 219.99 | 222.56 | 223.56 |
Solvency | |||||
Equity ratio | 2.4 % | 1.5 % | 0.4 % | -0.4 % | -0.4 % |
Gearing | 13.9 % | 91.7 % | 11638.0 % | -25645.8 % | -23452.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.0 | 0.5 | 0.8 | |
Current ratio | 0.3 | 0.0 | 0.5 | 0.8 | |
Cash and cash equivalents | 2.83 | 0.21 | 0.21 | 55.73 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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