Copenhagen Subsea A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 093.80 | 241.97 | 1 673.75 | 6 462.47 | 2 936.22 |
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 total | 1 410.39 | 4 305.65 | 611.03 | - 558.92 | 1 487.64 |
Balance sheet total (assets) | 16 452.87 | 17 209.43 | 18 616.98 | 16 338.87 | 14 187.14 |
Net debt | 6 247.13 | 8 782.33 | 10 876.85 | 9 107.05 | 4 920.96 |
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 ratio | 52.3 % | 71.5 % | 75.5 % | 75.3 % | 74.3 % |
Gearing | 491.1 % | 212.4 % | 2010.9 % | -2197.2 % | 489.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | -2.1 | 3.7 | 4.3 |
Current ratio | 0.7 | 1.9 | 42.4 | 3.5 | 2.7 |
Cash and cash equivalents | 679.05 | 361.32 | 1 410.10 | 3 173.66 | 2 365.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.