Copenhagen Fashion Week (fond) — Credit Rating and Financial Key Figures
Credit rating
Company information
About Copenhagen Fashion Week (fond)
Copenhagen Fashion Week (fond) (CVR number: 41627212) is a company from KØBENHAVN. The company reported a net sales of 13.3 mDKK in 2024, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was poor at -7 % (EBIT: -0.9 mDKK), while net earnings were -822.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -47.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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 Fashion Week (fond)'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 067.78 | 9 729.14 | 12 740.23 | 13 546.82 | 13 282.62 |
Gross profit | 2 921.71 | 5 160.12 | 6 081.63 | 5 935.91 | 5 422.17 |
EBIT | - 112.89 | 304.31 | 452.21 | 146.94 | - 934.36 |
Net earnings | - 144.05 | 156.40 | 253.26 | 42.60 | - 822.26 |
Shareholders equity total | 1 704.16 | 1 860.56 | 2 113.82 | 2 156.42 | 1 334.15 |
Balance sheet total (assets) | 3 406.05 | 4 387.50 | 5 640.93 | 7 944.96 | 4 999.30 |
Net debt | -1 829.05 | -1 999.22 | -2 624.79 | -1 654.46 | - 471.03 |
Profitability | |||||
EBIT-% | -2.2 % | 3.1 % | 3.5 % | 1.1 % | -7.0 % |
ROA | -3.2 % | 8.2 % | 9.5 % | 2.6 % | -14.4 % |
ROE | -8.5 % | 8.8 % | 12.7 % | 2.0 % | -47.1 % |
ROI | -5.6 % | 15.4 % | 20.6 % | 7.3 % | -46.5 % |
Economic value added (EVA) | - 109.26 | 92.77 | 192.29 | -15.36 | - 901.07 |
Solvency | |||||
Equity ratio | 50.0 % | 42.4 % | 37.5 % | 27.1 % | 26.7 % |
Gearing | 0.1 % | ||||
Relative net indebtedness % | -2.7 % | 4.1 % | 5.0 % | 28.0 % | 22.7 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.6 | 1.7 | 1.4 | 1.5 |
Current ratio | 1.6 | 1.6 | 1.7 | 1.4 | 1.5 |
Cash and cash equivalents | 1 831.33 | 1 999.22 | 2 624.79 | 1 654.46 | 471.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.0 | 54.1 | 65.6 | 134.2 | 105.3 |
Net working capital % | 17.3 % | 14.2 % | 15.6 % | 17.0 % | 11.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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