COPENHAGEN CLASSICAL MUSIC & DESIGN ApS
Credit rating
Company information
About COPENHAGEN CLASSICAL MUSIC & DESIGN ApS
COPENHAGEN CLASSICAL MUSIC & DESIGN ApS (CVR number: 35655824) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 131.7 % compared to the previous year. The operating profit percentage was at 13 % (EBIT: 0.1 mDKK), while net earnings were 54.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.5 %, which can be considered excellent and Return on Equity (ROE) was 112.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. COPENHAGEN CLASSICAL MUSIC & DESIGN ApS's liquidity measured by quick ratio was 3.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 214.36 | 151.85 | 180.74 | 186.11 | 431.20 |
Gross profit | 140.92 | 120.20 | 166.03 | 134.56 | 368.79 |
EBIT | -0.49 | 27.26 | -48.28 | -3.83 | 56.22 |
Net earnings | -0.75 | 22.64 | -48.77 | -4.83 | 54.64 |
Shareholders equity total | 52.01 | 74.66 | 25.89 | 21.06 | 75.70 |
Balance sheet total (assets) | 72.00 | 122.78 | 49.59 | 48.76 | 102.12 |
Net debt | -29.03 | -54.92 | -39.63 | -48.76 | -88.05 |
Profitability | |||||
EBIT-% | -0.2 % | 18.0 % | -26.7 % | -2.1 % | 13.0 % |
ROA | -0.7 % | 28.0 % | -56.0 % | -7.8 % | 74.5 % |
ROE | -1.4 % | 35.7 % | -97.0 % | -20.6 % | 112.9 % |
ROI | -0.9 % | 43.0 % | -96.0 % | -16.3 % | 116.2 % |
Economic value added (EVA) | -1.33 | 21.62 | -49.28 | -3.14 | 57.32 |
Solvency | |||||
Equity ratio | 72.2 % | 60.8 % | 52.2 % | 43.2 % | 74.1 % |
Gearing | |||||
Relative net indebtedness % | -4.2 % | -4.5 % | -8.8 % | -11.3 % | -14.3 % |
Liquidity | |||||
Quick ratio | 3.6 | 2.6 | 2.1 | 1.8 | 3.9 |
Current ratio | 3.6 | 2.6 | 2.1 | 1.8 | 3.9 |
Cash and cash equivalents | 29.03 | 54.92 | 39.63 | 48.76 | 88.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.2 | 163.1 | 20.1 | 11.9 | |
Net working capital % | 24.3 % | 49.2 % | 14.3 % | 11.3 % | 17.6 % |
Credit risk | |||||
Credit rating | B | B | B | C | B |
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