Copenhagen Furnishing ApS — Credit Rating and Financial Key Figures

CVR number: 37849162
Karen Blixens Vej 5, 2960 Rungsted Kyst

Credit rating

Company information

Official name
Copenhagen Furnishing ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Copenhagen Furnishing ApS

Copenhagen Furnishing ApS (CVR number: 37849162) is a company from HØRSHOLM. The company recorded a gross profit of 1739.3 kDKK in 2023. The operating profit was 878 kDKK, while net earnings were 744.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.4 %, which can be considered excellent and Return on Equity (ROE) was 81.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Copenhagen Furnishing ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 162.751 183.711 069.691 155.991 739.32
EBIT527.33522.98262.13387.17878.02
Net earnings394.14378.11162.55105.33744.67
Shareholders equity total998.82876.93639.48594.811 239.48
Balance sheet total (assets)2 011.052 619.703 819.962 807.173 869.14
Net debt-1 401.13-1 545.22-2 472.33- 919.27-1 497.99
Profitability
EBIT-%
ROA25.2 %22.6 %8.1 %13.7 %30.4 %
ROE43.7 %40.3 %21.4 %17.1 %81.2 %
ROI41.9 %33.9 %14.3 %22.8 %41.7 %
Economic value added (EVA)452.22448.00280.52456.58773.43
Solvency
Equity ratio49.7 %33.5 %16.7 %21.2 %32.0 %
Gearing35.3 %97.2 %201.7 %244.6 %127.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.51.21.21.5
Current ratio1.91.51.21.31.5
Cash and cash equivalents1 753.572 397.813 762.242 374.423 082.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:30.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.0%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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