City 90 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About City 90 ApS
City 90 ApS (CVR number: 40188436) is a company from KØBENHAVN. The company recorded a gross profit of 417.2 kDKK in 2023. The operating profit was -26.4 kDKK, while net earnings were -23.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. City 90 ApS's liquidity measured by quick ratio was 0.6 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 | 283.81 | 527.99 | 744.12 | 504.80 | 417.21 |
EBIT | 97.01 | 228.68 | 323.50 | -91.17 | -26.42 |
Net earnings | 75.67 | 134.57 | 242.58 | -82.14 | -23.28 |
Shareholders equity total | 115.67 | 250.24 | 442.82 | 305.68 | 252.40 |
Balance sheet total (assets) | 265.87 | 630.52 | 827.41 | 552.93 | 428.58 |
Net debt | - 158.70 | -62.10 | - 203.67 | -99.39 | 0.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.5 % | 51.0 % | 44.4 % | -13.2 % | -5.4 % |
ROE | 65.4 % | 73.6 % | 70.0 % | -21.9 % | -8.3 % |
ROI | 49.6 % | 50.8 % | 48.7 % | -17.7 % | -7.3 % |
Economic value added (EVA) | 75.67 | 179.49 | 243.81 | -82.33 | -27.50 |
Solvency | |||||
Equity ratio | 43.5 % | 39.7 % | 53.5 % | 55.3 % | 58.9 % |
Gearing | 23.1 % | 30.7 % | 39.8 % | 32.7 % | 27.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 2.1 | 1.1 | 0.6 |
Current ratio | 1.4 | 1.5 | 2.1 | 1.1 | 0.6 |
Cash and cash equivalents | 185.37 | 138.93 | 379.77 | 199.22 | 67.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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