CI III Changfang K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CI III Changfang K/S
CI III Changfang K/S (CVR number: 38585010) is a company from KØBENHAVN. The company recorded a gross profit of -99965 kDKK in 2023. The operating profit was -100 mDKK, while net earnings were -297.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -22.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CI III Changfang K/S's liquidity measured by quick ratio was 4.7 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 | |||||
Gross profit | -51.00 | - 127.00 | -24 587.00 | -37 875.00 | -99 965.00 |
EBIT | -51.00 | - 127.00 | -24 587.00 | -37 875.00 | -99 965.00 |
Net earnings | - 210.00 | 138 833.00 | -22 716.00 | 1 631 570.00 | - 297 548.00 |
Shareholders equity total | 1 201 382.00 | 1 910 445.00 | 1 861 847.00 | 1 400 420.00 | 1 202 164.00 |
Balance sheet total (assets) | 1 201 432.00 | 1 988 769.00 | 1 867 112.00 | 1 936 768.00 | 2 533 947.00 |
Net debt | -35 705.00 | -62 921.00 | -12 264.00 | 503 781.00 | 1 325 482.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.1 % | 8.8 % | -1.2 % | 87.0 % | -0.3 % |
ROE | -0.0 % | 8.9 % | -1.2 % | 100.0 % | -22.9 % |
ROI | 0.1 % | 9.0 % | -1.2 % | 86.2 % | -0.2 % |
Economic value added (EVA) | -48.84 | - 124.49 | -24 584.34 | -37 975.80 | -99 209.74 |
Solvency | |||||
Equity ratio | 100.0 % | 96.1 % | 99.7 % | 72.3 % | 47.4 % |
Gearing | 38.3 % | 110.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 714.1 | 1.8 | 3.7 | 879.2 | 4.7 |
Current ratio | 714.1 | 1.8 | 3.7 | 879.2 | 4.7 |
Cash and cash equivalents | 35 705.00 | 62 921.00 | 12 264.00 | 32 530.00 | 5 203.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | BBB | BBB |
Variable visualization
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