CITY TRANS A/S — Credit Rating and Financial Key Figures

CITY TRANS A/S (CVR number: 30545265) is a company from KØGE. The company recorded a gross profit of 11.6 mDKK in 2023. The operating profit was 588.7 kDKK, while net earnings were 458.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CITY TRANS A/S's liquidity measured by quick ratio was 1.2 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.