COPENHAGEN SPECS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN SPECS ApS
COPENHAGEN SPECS ApS (CVR number: 35633871) is a company from TÅRNBY. The company recorded a gross profit of 580.1 kDKK in 2021. The operating profit was -11.7 kDKK, while net earnings were -9.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. COPENHAGEN SPECS 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 908.78 | 810.15 | 529.54 | 541.41 | 580.12 |
EBIT | 258.12 | 147.38 | - 130.37 | -53.86 | -11.69 |
Net earnings | 194.68 | 114.10 | -97.57 | -44.94 | -9.26 |
Shareholders equity total | 249.40 | 363.50 | 265.93 | 220.98 | 211.72 |
Balance sheet total (assets) | 1 305.63 | 447.85 | 573.24 | 1 887.53 | 530.64 |
Net debt | - 971.73 | - 106.22 | 200.44 | -1 074.79 | 83.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.0 % | 17.5 % | -23.1 % | -2.9 % | 0.3 % |
ROE | 95.5 % | 37.2 % | -31.0 % | -18.5 % | -4.3 % |
ROI | 114.1 % | 44.7 % | -25.2 % | -7.4 % | 0.7 % |
Economic value added (EVA) | 252.33 | 152.37 | - 110.18 | -52.80 | 43.81 |
Solvency | |||||
Equity ratio | 19.1 % | 81.2 % | 46.4 % | 38.6 % | 39.9 % |
Gearing | 12.0 % | 12.4 % | 99.1 % | 98.7 % | 87.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 5.3 | 1.9 | 5.4 | 1.6 |
Current ratio | 1.2 | 5.3 | 1.9 | 1.1 | 1.6 |
Cash and cash equivalents | 1 001.73 | 151.22 | 63.06 | 1 292.88 | 101.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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