Copenhagen Fashion Week (fond) — Credit Rating and Financial Key Figures

CVR number: 41627212
Store Strandstræde 20, 1255 København K

Credit rating

Company information

Official name
Copenhagen Fashion Week (fond)
Personnel
18 persons
Established
2020
Industry

About Copenhagen Fashion Week (fond)

Copenhagen Fashion Week (fond) (CVR number: 41627212) is a company from KØBENHAVN. The company reported a net sales of 13.5 mDKK in 2023, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 0.1 mDKK), while net earnings were 42.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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 1.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales5 067.789 729.1412 740.2313 546.82
Gross profit2 921.715 160.126 081.635 935.91
EBIT- 112.89304.31452.21146.94
Net earnings- 144.05156.40253.2642.60
Shareholders equity total1 704.161 860.562 113.822 156.42
Balance sheet total (assets)3 406.054 387.505 640.937 944.96
Net debt-1 829.05-1 999.22-2 624.79-1 654.46
Profitability
EBIT-%-2.2 %3.1 %3.5 %1.1 %
ROA-3.2 %8.2 %9.5 %2.6 %
ROE-8.5 %8.8 %12.7 %2.0 %
ROI-5.6 %15.4 %20.6 %7.3 %
Economic value added (EVA)- 109.26185.15299.25130.00
Solvency
Equity ratio50.0 %42.4 %37.5 %27.1 %
Gearing0.1 %
Relative net indebtedness %-2.7 %4.1 %5.0 %28.0 %
Liquidity
Quick ratio1.61.61.71.4
Current ratio1.61.61.71.4
Cash and cash equivalents1 831.331 999.222 624.791 654.46
Capital use efficiency
Trade debtors turnover (days)36.054.165.6134.2
Net working capital %17.3 %14.2 %15.6 %17.0 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.61%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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