City Piercing ApS — Credit Rating and Financial Key Figures

CVR number: 42895326
Nørre Farimagsgade 61, 1364 København K
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Credit rating

Company information

Official name
City Piercing ApS
Personnel
3 persons
Established
2021
Company form
Private limited company
Industry

About City Piercing ApS

City Piercing ApS (CVR number: 42895326) is a company from KØBENHAVN. The company recorded a gross profit of 1109.6 kDKK in 2024. The operating profit was 75.4 kDKK, while net earnings were 56 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.1 %, 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. City Piercing ApS's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit1 472.111 452.681 109.56
EBIT528.03324.6675.39
Net earnings409.50246.0655.99
Shareholders equity total449.50577.76633.75
Balance sheet total (assets)814.39910.92988.54
Net debt- 624.20- 740.05- 857.85
Profitability
EBIT-%
ROA64.8 %37.6 %7.9 %
ROE91.1 %47.9 %9.2 %
ROI100.2 %54.9 %11.2 %
Economic value added (EVA)410.71223.5323.10
Solvency
Equity ratio55.2 %63.4 %64.1 %
Gearing17.3 %13.3 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.52.6
Current ratio2.12.62.7
Cash and cash equivalents701.86816.94912.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:7.94%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.1%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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