CITY ELEKTRIKEREN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CITY ELEKTRIKEREN A/S
CITY ELEKTRIKEREN A/S (CVR number: 28119313) is a company from GLOSTRUP. The company recorded a gross profit of 5863.3 kDKK in 2024. The operating profit was -432.2 kDKK, while net earnings were -356.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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 1.5 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 | 4 978.49 | 6 068.92 | 6 024.24 | 5 377.62 | 5 863.25 |
EBIT | 388.48 | 322.41 | 727.91 | 252.81 | - 432.16 |
Net earnings | 289.59 | 233.61 | 549.70 | 177.76 | - 356.55 |
Shareholders equity total | 1 637.02 | 1 570.63 | 1 820.32 | 1 638.09 | 921.54 |
Balance sheet total (assets) | 4 486.07 | 4 147.74 | 5 001.09 | 5 749.23 | 4 039.57 |
Net debt | 147.59 | - 260.30 | - 281.12 | 193.36 | 356.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 7.5 % | 15.9 % | 4.8 % | -8.8 % |
ROE | 19.4 % | 14.6 % | 32.4 % | 10.3 % | -27.9 % |
ROI | 20.1 % | 18.4 % | 39.5 % | 12.5 % | -24.3 % |
Economic value added (EVA) | 199.23 | 153.29 | 481.74 | 92.56 | - 443.43 |
Solvency | |||||
Equity ratio | 36.5 % | 37.9 % | 36.4 % | 28.5 % | 22.8 % |
Gearing | 9.0 % | 1.8 % | 11.8 % | 38.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.8 | 1.9 | 1.6 | 1.5 |
Current ratio | 1.5 | 1.9 | 2.0 | 1.7 | 1.6 |
Cash and cash equivalents | 288.00 | 281.12 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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