Copenhagen Cubes ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Copenhagen Cubes ApS
Copenhagen Cubes ApS (CVR number: 39085437) is a company from KØBENHAVN. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -81.2 kDKK, while net earnings were -81.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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. Copenhagen Cubes ApS's liquidity measured by quick ratio was 1.8 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 | 248.38 | 62.32 | 226.87 | ||
EBIT | 245.26 | 56.09 | 220.64 | 201.00 | -81.19 |
Net earnings | 189.60 | 45.70 | 170.17 | 154.00 | -81.19 |
Shareholders equity total | 87.65 | 133.35 | 303.52 | 458.00 | 376.78 |
Balance sheet total (assets) | 751.85 | 429.98 | 657.19 | 817.00 | 605.41 |
Net debt | - 100.04 | - 227.59 | - 458.58 | - 594.00 | - 413.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.3 % | 10.3 % | 40.7 % | 27.3 % | -11.4 % |
ROE | 50.2 % | 41.4 % | 77.9 % | 40.4 % | -19.5 % |
ROI | 43.9 % | 22.7 % | 100.2 % | 52.4 % | -19.4 % |
Economic value added (EVA) | 218.12 | 60.06 | 176.85 | 164.13 | -74.36 |
Solvency | |||||
Equity ratio | 11.7 % | 31.0 % | 46.2 % | 56.1 % | 62.2 % |
Gearing | 355.9 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.3 | 1.7 | 1.8 |
Current ratio | 0.8 | 0.8 | 1.3 | 1.7 | 1.8 |
Cash and cash equivalents | 412.00 | 227.59 | 458.58 | 594.00 | 413.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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