COPENHAGEN LUGGAGE ApS — Credit Rating and Financial Key Figures

COPENHAGEN LUGGAGE ApS (CVR number: 33745540) is a company from FREDENSBORG. The company recorded a gross profit of 202.5 kDKK in 2019. The operating profit was -108.1 kDKK, while net earnings were -122.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -12.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.9 %, 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 LUGGAGE ApS's liquidity measured by quick ratio was 1.6 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.