OLOF PALMES GADE 7. KØBENHAVN ApS — Credit Rating and Financial Key Figures

CVR number: 19262391
Martinsvej 8, 1926 Frederiksberg C
info@cityapartment.dk
tel: 70330200

Company information

Official name
OLOF PALMES GADE 7. KØBENHAVN ApS
Established
1996
Company form
Private limited company
Industry

About OLOF PALMES GADE 7. KØBENHAVN ApS

OLOF PALMES GADE 7. KØBENHAVN ApS (CVR number: 19262391) is a company from FREDERIKSBERG. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was poor at -7.2 % (EBIT: -0.2 mDKK), while net earnings were -549.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OLOF PALMES GADE 7. KØBENHAVN ApS's liquidity measured by quick ratio was 20.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 963.782 043.672 129.842 261.092 338.49
Gross profit1 509.591 343.16768.94732.641 496.78
EBIT509.5823 243.1610 179.475 587.54- 167.22
Net earnings511.1418 338.038 186.184 624.19- 549.52
Shareholders equity total6 552.4924 890.5233 076.7037 700.8837 151.36
Balance sheet total (assets)46 515.7069 655.6279 632.6385 165.2184 209.86
Net debt34 214.9534 077.5833 937.4533 762.4433 618.60
Profitability
EBIT-%25.9 %1137.3 %477.9 %247.1 %-7.2 %
ROA1.9 %40.8 %14.3 %7.4 %0.4 %
ROE8.1 %116.6 %28.2 %13.1 %-1.5 %
ROI1.9 %41.1 %14.4 %7.4 %0.4 %
Economic value added (EVA)-1 625.4016 088.004 983.88998.00-3 714.13
Solvency
Equity ratio14.1 %35.7 %41.5 %44.3 %44.1 %
Gearing522.2 %136.9 %102.6 %89.6 %90.5 %
Relative net indebtedness %1791.9 %1719.3 %1635.0 %1531.5 %1477.6 %
Liquidity
Quick ratio16.317.824.525.620.9
Current ratio16.317.824.525.620.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %493.0 %533.6 %541.9 %538.3 %541.9 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:0.41%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.1%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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