Core M Copenhagen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Core M Copenhagen ApS
Core M Copenhagen ApS (CVR number: 39433435) is a company from TÅRNBY. The company recorded a gross profit of 4247.4 kDKK in 2023. The operating profit was -7858.1 kDKK, while net earnings were -6434.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -25.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Core M Copenhagen ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 348.00 | -2 956.00 | 2 365.00 | 5 597.00 | 4 247.44 |
EBIT | 2 792.00 | -8 291.00 | -2 858.00 | -2 918.00 | -7 858.12 |
Net earnings | 2 186.00 | -7 969.00 | -1 448.00 | -1 720.00 | -6 434.26 |
Shareholders equity total | 2 223.00 | -5 746.00 | -7 194.00 | -8 914.00 | -15 347.84 |
Balance sheet total (assets) | 10 477.00 | 10 488.00 | 20 100.00 | 22 322.00 | 28 986.36 |
Net debt | - 619.00 | 7 495.00 | 12 393.00 | 3 603.00 | - 175.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 54.2 % | -60.9 % | -12.6 % | -8.5 % | -19.1 % |
ROE | 193.4 % | -125.4 % | -9.5 % | -8.1 % | -25.1 % |
ROI | 220.9 % | -153.8 % | -26.1 % | -29.6 % | -371.6 % |
Economic value added (EVA) | 2 174.74 | -8 131.17 | -1 720.95 | -1 601.76 | -6 320.09 |
Solvency | |||||
Equity ratio | 21.6 % | -35.9 % | -26.4 % | -28.6 % | -34.7 % |
Gearing | -137.2 % | -175.4 % | -43.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.4 | 0.8 | 0.7 |
Current ratio | 1.2 | 1.2 | 1.4 | 0.8 | 0.7 |
Cash and cash equivalents | 619.00 | 388.00 | 222.00 | 284.00 | 175.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | C | B | BB | BB |
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