Empire Copenhagen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Empire Copenhagen ApS
Empire Copenhagen ApS (CVR number: 39798298) is a company from KØBENHAVN. The company recorded a gross profit of -572.2 kDKK in 2023. The operating profit was -1070.3 kDKK, while net earnings were -844.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -84.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -93.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Empire Copenhagen ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 392.02 | -1 578.50 | - 100.06 | - 286.94 | - 572.17 |
EBIT | -4 828.62 | -6 437.17 | -1 358.37 | -1 057.53 | -1 070.35 |
Net earnings | -5 612.84 | -6 583.09 | -1 423.54 | -1 157.72 | - 844.81 |
Shareholders equity total | -5 562.84 | -12 145.93 | -13 569.46 | -14 727.19 | -15 572.00 |
Balance sheet total (assets) | 6 148.51 | 1 074.02 | 1 196.90 | 976.65 | 1 023.12 |
Net debt | 11 125.68 | 12 224.30 | 12 225.90 | 15 190.62 | 15 871.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -41.1 % | -51.6 % | -9.7 % | -6.9 % | -6.6 % |
ROE | -91.3 % | -182.3 % | -125.4 % | -106.5 % | -84.5 % |
ROI | -42.1 % | -54.0 % | -11.0 % | -7.7 % | -6.9 % |
Economic value added (EVA) | -4 828.62 | -6 140.96 | - 740.03 | - 367.73 | - 101.66 |
Solvency | |||||
Equity ratio | -47.5 % | 22.1 % | -49.8 % | -93.8 % | -93.8 % |
Gearing | -206.0 % | -102.0 % | -91.3 % | -103.6 % | -102.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | 0.1 | 3.2 | 1.4 |
Current ratio | 0.2 | 0.5 | 0.1 | 3.2 | 1.4 |
Cash and cash equivalents | 331.86 | 159.43 | 157.82 | 61.40 | 60.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
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