Audace Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 42957607
Fabriksvej 38, 6000 Kolding

Company information

Official name
Audace Copenhagen ApS
Established
2022
Company form
Private limited company
Industry

About Audace Copenhagen ApS

Audace Copenhagen ApS (CVR number: 42957607) is a company from KOLDING. The company recorded a gross profit of -175 kDKK in 2023. The operating profit was -188.2 kDKK, while net earnings were -146.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35 %, which can be considered poor and Return on Equity (ROE) was -38.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Audace Copenhagen ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit- 137.67- 175.02
EBIT- 150.79- 188.15
Net earnings- 118.30- 146.80
Shareholders equity total-78.30- 225.10
Balance sheet total (assets)369.97400.88
Net debt284.60373.91
Profitability
EBIT-%
ROA-33.6 %-35.0 %
ROE-32.0 %-38.1 %
ROI-40.1 %-44.2 %
Economic value added (EVA)- 117.61- 138.24
Solvency
Equity ratio-17.5 %-36.0 %
Gearing-479.7 %-211.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.3
Current ratio3.52.0
Cash and cash equivalents90.97101.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-35.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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