KOPENHAGEN FUR EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOPENHAGEN FUR EJENDOMSSELSKAB A/S
KOPENHAGEN FUR EJENDOMSSELSKAB A/S (CVR number: 35034277) is a company from GLOSTRUP. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a decline of -32.3 % compared to the previous year. The operating profit percentage was poor at -53.7 % (EBIT: -0.6 mDKK), while net earnings were 1036.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KOPENHAGEN FUR EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 872.2 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 | 2 093.00 | 2 116.00 | 1 540.00 | 1 575.00 | 1 065.95 |
| Gross profit | - 187.00 | 624.00 | 26 182.00 | 367.00 | -57.45 |
| EBIT | -1 678.00 | - 867.00 | 24 746.00 | - 916.00 | - 572.78 |
| Net earnings | -1 876.00 | -10.00 | 19 847.00 | - 766.00 | 1 036.06 |
| Shareholders equity total | 33 867.00 | 33 857.00 | 53 704.00 | 52 939.00 | 53 974.74 |
| Balance sheet total (assets) | 51 558.00 | 50 549.00 | 59 145.00 | 53 708.00 | 54 398.75 |
| Net debt | 16 937.00 | 15 855.00 | - 665.00 | -5.00 | - 617.10 |
| Profitability | |||||
| EBIT-% | -80.2 % | -41.0 % | 1606.9 % | -58.2 % | -53.7 % |
| ROA | -3.2 % | -1.7 % | 47.2 % | -1.3 % | 1.9 % |
| ROE | -5.4 % | -0.0 % | 45.3 % | -1.4 % | 1.9 % |
| ROI | -3.2 % | -1.7 % | 49.4 % | -1.4 % | 1.9 % |
| Economic value added (EVA) | -4 419.75 | -3 114.05 | 16 557.82 | -3 581.21 | -3 232.71 |
| Solvency | |||||
| Equity ratio | 65.7 % | 67.0 % | 90.8 % | 98.6 % | 99.2 % |
| Gearing | 50.0 % | 46.8 % | |||
| Relative net indebtedness % | 845.2 % | 788.8 % | 310.1 % | 48.5 % | -18.1 % |
| Liquidity | |||||
| Quick ratio | 1.7 | 2.0 | 844.3 | 789.1 | 872.2 |
| Current ratio | 1.7 | 2.0 | 844.3 | 789.1 | 872.2 |
| Cash and cash equivalents | 665.00 | 5.00 | 617.10 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 39.1 % | 56.9 % | 3340.3 % | 3002.3 % | 4549.8 % |
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | A |
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