Copenhagen Subsea A/S — Credit Rating and Financial Key Figures

CVR number: 36434783
Troljevej 2, 2900 Hellerup

Company information

Official name
Copenhagen Subsea A/S
Personnel
9 persons
Established
2014
Company form
Limited company
Industry

About Copenhagen Subsea A/S

Copenhagen Subsea A/S (CVR number: 36434783) is a company from GENTOFTE. The company recorded a gross profit of 2936.2 kDKK in 2024. The operating profit was -3633.1 kDKK, while net earnings were -4153.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.2 %, which can be considered poor and Return on Equity (ROE) was -46.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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 Subsea A/S's liquidity measured by quick ratio was 4.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 093.80241.971 673.756 462.472 936.22
EBIT-3 299.83-5 262.85-4 416.19- 360.10-3 633.14
Net earnings-2 379.34-4 020.53-3 694.63-1 169.95-4 153.43
Shareholders equity total1 410.394 305.65611.03- 558.921 487.64
Balance sheet total (assets)16 452.8717 209.4318 616.9816 338.8714 187.14
Net debt6 247.138 782.3310 876.859 107.054 920.96
Profitability
EBIT-%
ROA-20.8 %-31.2 %-24.6 %-1.9 %-23.2 %
ROE-91.5 %-140.7 %-150.3 %-13.8 %-46.6 %
ROI-27.7 %-37.7 %-27.0 %-2.3 %-34.2 %
Economic value added (EVA)-2 833.22-4 496.03-4 141.35-1 095.92-4 222.16
Solvency
Equity ratio52.3 %71.5 %75.5 %75.3 %74.3 %
Gearing491.1 %212.4 %2010.9 %-2197.2 %489.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.8-2.13.74.3
Current ratio0.71.942.43.52.7
Cash and cash equivalents679.05361.321 410.103 173.662 365.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-23.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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