CITY ELEKTRIKEREN A/S

CITY ELEKTRIKEREN A/S (CVR number: 28119313) is a company from GLOSTRUP. The company recorded a gross profit of 5377.6 kDKK in 2023. The operating profit was 252.8 kDKK, while net earnings were 177.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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 ELEKTRIKEREN A/S's liquidity measured by quick ratio was 1.6 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.