KØBENHAVN HÅNDBOLD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KØBENHAVN HÅNDBOLD A/S
KØBENHAVN HÅNDBOLD A/S (CVR number: 35031499) is a company from FREDERIKSBERG. The company recorded a gross profit of 521 kDKK in 2023. The operating profit was -6324.8 kDKK, while net earnings were -5753.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -143.4 %, which can be considered poor and Return on Equity (ROE) was -213.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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. KØBENHAVN HÅNDBOLD A/S's liquidity measured by quick ratio was 4.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 457.28 | 1 256.60 | 2 366.02 | 593.29 | 521.04 |
| EBIT | -4 937.49 | -4 759.01 | -5 133.78 | -5 488.77 | -6 324.77 |
| Net earnings | -4 940.38 | -4 699.35 | -4 974.31 | -3 070.18 | -5 753.76 |
| Shareholders equity total | 413.30 | -4 286.04 | 5 739.65 | 2 669.47 | 2 726.33 |
| Balance sheet total (assets) | 2 406.64 | 1 179.61 | 7 367.08 | 4 566.87 | 4 233.13 |
| Net debt | - 860.92 | 3 042.86 | - 265.81 | - 462.86 | - 210.84 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -139.9 % | -120.9 % | -80.0 % | -91.3 % | -143.4 % |
| ROE | -255.5 % | -590.0 % | -143.8 % | -73.0 % | -213.3 % |
| ROI | -255.4 % | -199.0 % | -101.6 % | -127.9 % | -227.7 % |
| Economic value added (EVA) | -5 030.36 | -4 649.08 | -4 663.07 | -4 172.07 | -5 857.08 |
| Solvency | |||||
| Equity ratio | 19.5 % | -78.4 % | 79.3 % | 59.2 % | 65.1 % |
| Gearing | -87.5 % | 0.0 % | 4.1 % | 1.3 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.0 | 8.5 | 3.5 | 4.7 |
| Current ratio | 1.2 | 1.0 | 7.4 | 3.4 | 4.4 |
| Cash and cash equivalents | 860.92 | 707.14 | 266.21 | 572.21 | 247.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | B |
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