K/S KØBENHAVNS BUTIKSCENTRE — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S KØBENHAVNS BUTIKSCENTRE
K/S KØBENHAVNS BUTIKSCENTRE (CVR number: 29135592) is a company from KØBENHAVN. The company reported a net sales of 6.3 mEUR in 2024, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was at 148.4 % (EBIT: 9.3 mEUR), while net earnings were 6481.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37 %, 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. K/S KØBENHAVNS BUTIKSCENTRE's liquidity measured by quick ratio was 1.4 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 196.65 | 5 295.66 | 5 688.31 | 6 178.34 | 6 259.80 |
Gross profit | 5 049.38 | 5 166.69 | 5 543.24 | 5 992.66 | 6 097.68 |
EBIT | 4 789.06 | 4 917.27 | 5 295.45 | 11 621.59 | 9 287.70 |
Net earnings | - 644.38 | 4 430.64 | 6 130.27 | 10 582.83 | 6 481.74 |
Shareholders equity total | 3 424.10 | 8 554.74 | 15 385.01 | 26 667.84 | 33 849.58 |
Balance sheet total (assets) | 74 265.18 | 74 860.46 | 77 654.42 | 84 243.74 | 91 592.01 |
Net debt | 64 269.96 | 60 204.97 | 54 927.91 | 51 960.04 | |
Profitability | |||||
EBIT-% | 92.2 % | 92.9 % | 93.1 % | 188.1 % | 148.4 % |
ROA | 6.3 % | 6.6 % | 6.9 % | 14.4 % | 10.6 % |
ROE | -19.0 % | 74.0 % | 51.2 % | 50.3 % | 21.4 % |
ROI | 6.6 % | 6.9 % | 7.1 % | 14.6 % | 10.8 % |
Economic value added (EVA) | 4 619.80 | 4 745.20 | 2 023.48 | 8 280.94 | 5 572.31 |
Solvency | |||||
Equity ratio | 4.6 % | 11.4 % | 19.8 % | 31.7 % | 37.0 % |
Gearing | 751.3 % | 396.8 % | 211.0 % | 166.9 % | |
Relative net indebtedness % | 1363.2 % | 1252.1 % | 1079.8 % | 910.3 % | 850.1 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.1 | 0.2 | 1.4 |
Current ratio | 0.1 | 0.0 | 0.1 | 0.2 | 1.4 |
Cash and cash equivalents | 846.66 | 1 333.08 | 4 529.92 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -80.4 % | -94.1 % | -97.7 % | -72.6 % | 21.6 % |
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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