CITY NORD RETAIL PARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CITY NORD RETAIL PARK A/S
CITY NORD RETAIL PARK A/S (CVR number: 21456632) is a company from ESBJERG. The company recorded a gross profit of -2719.5 kDKK in 2024. The operating profit was -5834.1 kDKK, while net earnings were 17.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 87.2 %, which can be considered excellent and Return on Equity (ROE) was 133.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.4 %, 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. CITY NORD RETAIL PARK A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 675.24 | -2 031.79 | -2 246.69 | -2 229.64 | -2 719.52 |
EBIT | - 876.17 | 2 030.07 | -2 447.63 | -2 430.57 | -5 834.06 |
Net earnings | - 325.93 | 1 964.49 | -1 389.25 | -1 813.82 | 17 479.63 |
Shareholders equity total | 15 195.49 | 17 159.98 | 15 770.73 | 4 386.91 | 21 866.54 |
Balance sheet total (assets) | 16 160.14 | 20 005.76 | 17 660.43 | 9 879.71 | 28 288.77 |
Net debt | 208.00 | 5 246.73 | 5 992.92 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -2.6 % | 14.0 % | -9.5 % | -15.8 % | 87.2 % |
ROE | -2.1 % | 12.1 % | -8.4 % | -18.0 % | 133.2 % |
ROI | -2.6 % | 14.7 % | -10.0 % | -16.2 % | 88.8 % |
Economic value added (EVA) | -1 506.46 | 778.37 | -2 835.79 | -2 762.97 | -5 073.34 |
Solvency | |||||
Equity ratio | 94.1 % | 85.8 % | 89.3 % | 44.4 % | 77.4 % |
Gearing | 1.3 % | 119.6 % | 27.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 68.7 | 8.5 | 18.1 | 0.3 | 0.7 |
Current ratio | 90.6 | 10.6 | 23.7 | 1.2 | 0.9 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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