CLASSIC FIFTY-SIXTY A/S — Credit Rating and Financial Key Figures

CVR number: 35243232
Immortellevej 5, 2950 Vedbæk
classic-fifty-sixty@mail.dk
tel: 45802427

Company information

Official name
CLASSIC FIFTY-SIXTY A/S
Personnel
1 person
Established
2013
Company form
Limited company
Industry

About CLASSIC FIFTY-SIXTY A/S

CLASSIC FIFTY-SIXTY A/S (CVR number: 35243232) is a company from HØRSHOLM. The company recorded a gross profit of 1728.5 kDKK in 2023. The operating profit was 1321.3 kDKK, while net earnings were 1067.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 43.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CLASSIC FIFTY-SIXTY A/S's liquidity measured by quick ratio was 5.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 553.741 250.191 331.45955.061 728.48
EBIT355.4859.51162.72- 230.861 321.26
Net earnings276.7645.11125.55- 182.081 067.14
Shareholders equity total2 135.201 955.312 080.861 898.782 965.92
Balance sheet total (assets)3 596.793 473.753 550.232 919.753 640.04
Net debt- 225.83- 462.40- 515.11-54.22-3 211.38
Profitability
EBIT-%
ROA10.1 %1.8 %4.8 %-7.0 %40.3 %
ROE12.3 %2.2 %6.2 %-9.2 %43.9 %
ROI13.5 %2.4 %6.6 %-9.1 %45.9 %
Economic value added (EVA)199.92-20.5779.09- 233.311 002.69
Solvency
Equity ratio59.4 %56.3 %58.6 %65.0 %81.5 %
Gearing27.5 %28.2 %24.3 %26.7 %13.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.70.65.4
Current ratio2.12.02.22.55.4
Cash and cash equivalents813.861 013.831 021.44560.553 599.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBB

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.5%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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