CONDOR ENTREPRISE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONDOR ENTREPRISE A/S
CONDOR ENTREPRISE A/S (CVR number: 10654483) is a company from RØDOVRE. The company recorded a gross profit of 5118.2 kDKK in 2023. The operating profit was -90 kDKK, while net earnings were -139 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. CONDOR ENTREPRISE A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 465.80 | 5 932.77 | 4 728.91 | 4 095.28 | 5 118.17 |
EBIT | -30.92 | 1 098.68 | - 120.81 | - 786.97 | -90.01 |
Net earnings | -75.35 | 789.02 | -98.53 | - 678.64 | - 138.96 |
Shareholders equity total | 3 929.36 | 4 718.38 | 4 619.85 | 3 941.21 | 3 802.25 |
Balance sheet total (assets) | 5 698.26 | 7 812.86 | 6 368.15 | 7 329.53 | 6 175.56 |
Net debt | - 882.92 | -1 926.23 | 105.32 | 1 027.86 | 672.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 16.7 % | -1.1 % | -11.1 % | 0.1 % |
ROE | -1.9 % | 18.2 % | -2.1 % | -15.9 % | -3.6 % |
ROI | -0.1 % | 25.2 % | -1.7 % | -15.4 % | 0.1 % |
Economic value added (EVA) | - 203.01 | 699.05 | - 239.77 | - 845.62 | - 284.36 |
Solvency | |||||
Equity ratio | 69.0 % | 60.4 % | 72.5 % | 53.8 % | 61.6 % |
Gearing | 4.7 % | 4.0 % | 27.9 % | 19.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.0 | 2.6 | 1.6 | 1.8 |
Current ratio | 3.0 | 2.3 | 3.2 | 1.9 | 2.4 |
Cash and cash equivalents | 1 066.52 | 1 926.23 | 78.62 | 73.47 | 82.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | BBB | A |
Variable visualization
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