COPENHAGEN CLEAN AIR COMPANY ApS
Credit rating
Company information
About COPENHAGEN CLEAN AIR COMPANY ApS
COPENHAGEN CLEAN AIR COMPANY ApS (CVR number: 32469728) is a company from RØDOVRE. The company recorded a gross profit of 851.3 kDKK in 2023. The operating profit was -460.1 kDKK, while net earnings were -372.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.9 %, which can be considered poor and Return on Equity (ROE) was -21.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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 CLEAN AIR COMPANY ApS's liquidity measured by quick ratio was 2.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 480.91 | ||||
Gross profit | 1 032.57 | 2 655.51 | 1 000.09 | 1 157.46 | 851.26 |
EBIT | 140.65 | 1 751.30 | 40.32 | - 224.12 | - 460.12 |
Net earnings | 100.63 | 1 341.00 | 25.58 | - 186.99 | - 372.50 |
Shareholders equity total | 709.44 | 2 050.44 | 2 076.02 | 1 889.03 | 1 516.52 |
Balance sheet total (assets) | 1 411.64 | 3 186.42 | 2 625.97 | 2 399.39 | 2 234.04 |
Net debt | - 687.38 | - 990.72 | - 323.67 | - 291.27 | 209.80 |
Profitability | |||||
EBIT-% | 4.0 % | ||||
ROA | 11.6 % | 76.2 % | 1.4 % | -8.9 % | -19.9 % |
ROE | 15.3 % | 97.2 % | 1.2 % | -9.4 % | -21.9 % |
ROI | 21.3 % | 126.9 % | 2.0 % | -11.3 % | -25.4 % |
Economic value added (EVA) | 88.98 | 1 362.26 | -24.11 | - 266.81 | - 444.09 |
Solvency | |||||
Equity ratio | 50.3 % | 64.3 % | 79.1 % | 78.7 % | 67.9 % |
Gearing | 13.9 % | ||||
Relative net indebtedness % | 0.4 % | ||||
Liquidity | |||||
Quick ratio | 1.9 | 2.6 | 3.8 | 3.7 | 2.5 |
Current ratio | 2.0 | 2.8 | 4.7 | 4.7 | 3.1 |
Cash and cash equivalents | 687.38 | 990.72 | 323.67 | 291.27 | 0.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.3 | ||||
Net working capital % | 19.5 % | ||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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