City Lounge A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About City Lounge A/S
City Lounge A/S (CVR number: 42557382) is a company from ISHØJ. The company recorded a gross profit of 3595.3 kDKK in 2023. The operating profit was -456.4 kDKK, while net earnings were -670.6 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 -62.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. City Lounge A/S's liquidity measured by quick ratio was 0.6 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 1 006.81 | 3 595.31 |
EBIT | 377.69 | - 456.39 |
Net earnings | 177.14 | - 670.62 |
Shareholders equity total | 988.93 | -85.81 |
Balance sheet total (assets) | 2 920.08 | 1 161.22 |
Net debt | 1 249.29 | 776.99 |
Profitability | ||
EBIT-% | ||
ROA | 13.3 % | -19.1 % |
ROE | 17.9 % | -62.4 % |
ROI | 24.8 % | -33.9 % |
Economic value added (EVA) | 294.60 | - 545.93 |
Solvency | ||
Equity ratio | 33.9 % | -6.9 % |
Gearing | 126.7 % | -909.8 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.2 | 0.6 |
Current ratio | 1.3 | 0.7 |
Cash and cash equivalents | 3.47 | 3.78 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BBB | BB |
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