Copenhagen Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Copenhagen Development ApS
Copenhagen Development ApS (CVR number: 41058455) is a company from KØBENHAVN. The company recorded a gross profit of -57.3 kDKK in 2024. The operating profit was -57.3 kDKK, while net earnings were -42.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.6 %, which can be considered poor and Return on Equity (ROE) was -48 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Copenhagen Development ApS's liquidity measured by quick ratio was 0.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 766.30 | 1 368.81 | 1 003.50 | 112.12 | -57.32 |
| EBIT | 842.23 | 168.04 | - 663.03 | - 177.43 | -57.32 |
| Net earnings | 650.59 | 125.01 | - 666.97 | - 177.88 | -42.88 |
| Shareholders equity total | 710.59 | 835.60 | 168.64 | -9.24 | -52.12 |
| Balance sheet total (assets) | 1 509.63 | 1 504.52 | 295.18 | 58.69 | 120.11 |
| Net debt | -1 377.43 | -1 459.06 | -53.21 | 14.81 | 23.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 55.8 % | 11.2 % | -73.7 % | -97.7 % | -47.6 % |
| ROE | 91.6 % | 16.2 % | -132.8 % | -156.5 % | -48.0 % |
| ROI | 117.5 % | 21.7 % | -132.0 % | -181.9 % | -72.4 % |
| Economic value added (EVA) | 655.73 | 92.60 | - 705.02 | - 185.90 | -43.82 |
| Solvency | |||||
| Equity ratio | 48.0 % | 73.8 % | 57.1 % | -13.6 % | -30.3 % |
| Gearing | 0.8 % | -286.7 % | -252.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 5.8 | 2.3 | 0.9 | 0.7 |
| Current ratio | 1.9 | 2.4 | 2.3 | 0.9 | 0.7 |
| Cash and cash equivalents | 1 383.44 | 1 459.06 | 53.21 | 11.69 | 107.52 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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