City Apartments Odense ApS — Credit Rating and Financial Key Figures

CVR number: 40152504
Magnoliavej 2, Dyrup 5250 Odense SV
cgc@hgadm.dk

Company information

Official name
City Apartments Odense ApS
Established
2019
Domicile
Dyrup
Company form
Private limited company
Industry

About City Apartments Odense ApS

City Apartments Odense ApS (CVR number: 40152504) is a company from ODENSE. The company recorded a gross profit of 85.4 kDKK in 2024. The operating profit was -953.5 kDKK, while net earnings were -819.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -20.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. City Apartments Odense ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit247.48149.1310.6924.1785.42
EBIT239.33139.501.8015.27- 953.48
Net earnings92.9611.66401.30-40.24- 819.59
Shareholders equity total616.25627.914 429.204 388.963 569.37
Balance sheet total (assets)6 109.536 065.416 093.936 152.925 165.72
Net debt5 286.015 242.611 274.931 328.001 327.36
Profitability
EBIT-%
ROA4.1 %2.3 %12.0 %0.3 %-16.8 %
ROE16.3 %1.9 %15.9 %-0.9 %-20.6 %
ROI4.2 %2.4 %12.6 %0.3 %-17.9 %
Economic value added (EVA)- 104.28- 204.84- 294.06- 276.60-1 031.66
Solvency
Equity ratio10.4 %10.7 %74.9 %73.4 %70.7 %
Gearing859.2 %836.4 %28.8 %30.5 %37.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.20.1
Current ratio0.20.20.20.20.1
Cash and cash equivalents8.619.299.4710.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-16.8%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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