CENTERFORENINGEN CITY 2 — Credit Rating and Financial Key Figures

CVR number: 24254852
Cityringen 4, Høje Taastrup 2630 Taastrup

Credit rating

Company information

Official name
CENTERFORENINGEN CITY 2
Personnel
42 persons
Established
1999
Domicile
Høje Taastrup
Industry

About CENTERFORENINGEN CITY 2

CENTERFORENINGEN CITY 2 (CVR number: 24254852) is a company from Høje-Taastrup. The company recorded a gross profit of 5382 kDKK in 2020. The operating profit was 1592.1 kDKK, while net earnings were 1575.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.8 %, which can be considered excellent and Return on Equity (ROE) was 167.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. CENTERFORENINGEN CITY 2's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit3 754.003 686.004 589.004 061.005 381.97
EBIT27.0044.0067.00119.001 592.05
Net earnings12.0022.0035.0087.001 575.87
Shareholders equity total9.4731.6466.90153.961 729.83
Balance sheet total (assets)3 424.202 165.043 484.724 448.753 547.58
Net debt-1 209.03- 322.68-2 147.64-2 594.10- 801.34
Profitability
EBIT-%
ROA1.1 %1.8 %2.4 %3.0 %39.8 %
ROE1.1 %107.0 %71.0 %78.8 %167.3 %
ROI20.7 %238.4 %138.0 %28.9 %127.3 %
Economic value added (EVA)13.0743.5265.41115.641 553.76
Solvency
Equity ratio0.3 %1.5 %1.9 %3.5 %48.8 %
Gearing5.3 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.01.11.8
Current ratio1.01.01.01.11.8
Cash and cash equivalents1 209.03322.682 147.642 602.28809.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:39.8%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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