CITYCON DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CITYCON DENMARK ApS
CITYCON DENMARK ApS (CVR number: 34350361) is a company from ALBERTSLUND. The company recorded a gross profit of 830.5 kDKK in 2024. The operating profit was -1416.9 kDKK, while net earnings were 418.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -6.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CITYCON DENMARK ApS's liquidity measured by quick ratio was 2.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 767.65 | 2 079.21 | 1 709.01 | 1 646.12 | 830.47 |
EBIT | - 348.29 | 541.55 | -39.06 | -1 763.60 | -1 416.93 |
Net earnings | - 795.80 | 134.22 | - 391.72 | -43 906.48 | 418.33 |
Shareholders equity total | -1 558.52 | -1 424.30 | -1 816.01 | -45 722.49 | -45 304.16 |
Balance sheet total (assets) | 731 946.47 | 732 897.48 | 718 649.07 | 693 346.17 | 692 370.78 |
Net debt | 733 014.79 | 732 929.60 | 715 426.06 | 738 318.61 | 737 141.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 2.1 % | 2.4 % | -0.7 % | 5.7 % |
ROE | -0.1 % | 0.0 % | -0.1 % | -6.2 % | 0.1 % |
ROI | 2.0 % | 2.1 % | 2.4 % | -0.7 % | 5.7 % |
Economic value added (EVA) | -37 677.18 | -36 342.83 | -36 788.77 | -37 788.64 | -36 001.83 |
Solvency | |||||
Equity ratio | -0.2 % | -0.2 % | -0.3 % | -6.2 % | -6.1 % |
Gearing | -47032.9 % | -51459.1 % | -39395.5 % | -1614.8 % | -1627.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 5.5 | 2.5 | 2.4 | 2.4 |
Current ratio | 1.0 | 5.5 | 2.5 | 2.4 | 2.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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