COPENHAGEN EYEWEAR HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN EYEWEAR HOLDING A/S
COPENHAGEN EYEWEAR HOLDING A/S (CVR number: 20720476) is a company from KØBENHAVN. The company recorded a gross profit of -25 kDKK in 2024. The operating profit was -25 kDKK, while net earnings were 938.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. COPENHAGEN EYEWEAR HOLDING A/S's liquidity measured by quick ratio was 34.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -21.78 | -22.90 | -21.03 | -31.62 | -24.99 |
EBIT | -21.78 | -22.90 | -21.03 | -31.62 | -24.99 |
Net earnings | 254.29 | 1 143.98 | -1 442.54 | 1 126.78 | 938.77 |
Shareholders equity total | 23 003.62 | 23 747.60 | 21 805.06 | 22 431.84 | 22 370.61 |
Balance sheet total (assets) | 23 228.64 | 24 137.58 | 22 032.57 | 22 663.36 | 22 709.66 |
Net debt | -10 964.98 | -11 993.12 | -10 721.21 | -11 109.29 | -11 631.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 6.0 % | -0.1 % | 4.9 % | 5.2 % |
ROE | 1.1 % | 4.9 % | -6.3 % | 5.1 % | 4.2 % |
ROI | 2.0 % | 6.1 % | -0.1 % | 5.0 % | 5.2 % |
Economic value added (EVA) | -1 182.25 | -1 173.79 | -1 214.35 | -1 128.12 | -1 146.71 |
Solvency | |||||
Equity ratio | 99.0 % | 98.4 % | 99.0 % | 99.0 % | 98.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 53.2 | 32.6 | 47.7 | 49.2 | 34.9 |
Current ratio | 53.2 | 32.6 | 47.7 | 49.2 | 34.9 |
Cash and cash equivalents | 10 964.98 | 11 993.12 | 10 721.21 | 11 109.29 | 11 631.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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