City 98 2 ApS — Credit Rating and Financial Key Figures

CVR number: 40206906
Gadelandet 10 B, 2700 Brønshøj

Company information

Official name
City 98 2 ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About City 98 2 ApS

City 98 2 ApS (CVR number: 40206906) is a company from KØBENHAVN. The company recorded a gross profit of 778.3 kDKK in 2024. The operating profit was 29.1 kDKK, while net earnings were 21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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. City 98 2 ApS's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit458.91337.78445.80141.19778.34
EBIT14.1255.3016.7911.7629.13
Net earnings11.0242.9112.789.1121.85
Shareholders equity total93.39136.30149.07158.18180.03
Balance sheet total (assets)164.18199.89228.45191.23347.09
Net debt-36.75-34.93-11.47- 120.22
Profitability
EBIT-%
ROA7.9 %30.4 %7.8 %5.6 %10.8 %
ROE12.5 %37.4 %9.0 %5.9 %12.9 %
ROI11.3 %48.2 %11.8 %7.7 %17.2 %
Economic value added (EVA)3.1338.466.241.6813.90
Solvency
Equity ratio56.9 %68.2 %65.3 %82.7 %51.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.83.11.73.41.7
Current ratio1.83.11.73.41.7
Cash and cash equivalents36.7534.9311.47120.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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