COPENHAGEN VENUES Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN VENUES Holding ApS
COPENHAGEN VENUES Holding ApS (CVR number: 34724725) is a company from GENTOFTE. The company recorded a gross profit of -24.7 kDKK in 2023. The operating profit was -24.7 kDKK, while net earnings were 28 mDKK. The profitability of the company measured by Return on Assets (ROA) was 53 %, which can be considered excellent and Return on Equity (ROE) was 62.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COPENHAGEN VENUES Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.46 | 357.24 | -17.10 | -39.51 | -24.66 |
EBIT | -17.46 | 357.24 | -17.10 | -39.51 | -24.66 |
Net earnings | 9 173.57 | 240.42 | 6 615.50 | 16 506.05 | 28 011.88 |
Shareholders equity total | 11 870.85 | 12 111.27 | 18 726.77 | 32 232.82 | 57 244.70 |
Balance sheet total (assets) | 19 885.39 | 17 636.87 | 24 248.85 | 38 094.00 | 78 814.19 |
Net debt | 6 247.23 | 3 334.92 | 4 748.55 | 5 266.51 | -5 173.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 51.5 % | 3.1 % | 33.0 % | 54.0 % | 53.0 % |
ROE | 89.2 % | 2.0 % | 42.9 % | 64.8 % | 62.6 % |
ROI | 51.5 % | 3.1 % | 33.3 % | 54.2 % | 64.3 % |
Economic value added (EVA) | 169.33 | 686.40 | - 370.51 | - 150.61 | 491.11 |
Solvency | |||||
Equity ratio | 59.7 % | 68.7 % | 77.2 % | 84.6 % | 72.6 % |
Gearing | 67.3 % | 43.6 % | 29.0 % | 17.8 % | 2.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.6 | 1.6 | 1.2 | 0.7 |
Current ratio | 1.1 | 1.6 | 1.6 | 1.2 | 0.7 |
Cash and cash equivalents | 1 745.43 | 1 946.63 | 676.76 | 486.94 | 6 438.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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