UDVIKLINGSSELSKABET CØ P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About UDVIKLINGSSELSKABET CØ P/S
UDVIKLINGSSELSKABET CØ P/S (CVR number: 36087153) is a company from KØBENHAVN. The company reported a net sales of 980.1 mDKK in 2024, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 60.4 mDKK), while net earnings were 5021.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 11.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. UDVIKLINGSSELSKABET CØ P/S's liquidity measured by quick ratio was 2.2 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 | 1 018 021.29 | 980 093.73 | |||
Gross profit | - 110.00 | - 103.00 | - 103.00 | -54 458.68 | 60 420.75 |
EBIT | - 110.00 | - 103.00 | - 103.00 | -54 458.68 | 60 420.75 |
Net earnings | - 111.00 | - 104.00 | - 103.00 | -59 105.35 | 5 021.30 |
Shareholders equity total | 16 973.61 | 16 869.61 | 16 766.61 | -42 338.74 | 120 183.61 |
Balance sheet total (assets) | 1 091 802.59 | 1 725 450.60 | 2 494 409.25 | 1 759 169.45 | 1 043 448.37 |
Net debt | 933 406.79 | 1 430 501.40 | 1 874 905.62 | 1 533 611.27 | 764 486.40 |
Profitability | |||||
EBIT-% | -5.3 % | 6.2 % | |||
ROA | -0.0 % | -0.0 % | -0.0 % | -2.5 % | 4.2 % |
ROE | -0.7 % | -0.6 % | -0.6 % | -6.7 % | 0.5 % |
ROI | -0.0 % | -0.0 % | -0.0 % | -2.9 % | 4.6 % |
Economic value added (EVA) | -34 592.52 | -48 944.54 | -76 815.63 | - 162 615.03 | -20 173.29 |
Solvency | |||||
Equity ratio | 1.6 % | 1.0 % | 0.7 % | -2.4 % | 11.8 % |
Gearing | 5626.4 % | 8949.5 % | 12737.2 % | -3888.2 % | 710.5 % |
Relative net indebtedness % | 156.0 % | 85.1 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 1.1 | 4.7 | 2.4 | 2.2 |
Current ratio | 14.4 | 14.5 | 19.0 | 32.0 | 15.0 |
Cash and cash equivalents | 21 590.64 | 79 248.61 | 260 692.90 | 112 588.83 | 89 387.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.3 | 0.3 | |||
Net working capital % | 167.4 % | 99.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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