Credit rating
Company information
About CENCIO A/S
CENCIO A/S (CVR number: 11978444) is a company from KØGE. The company recorded a gross profit of 4239.7 kDKK in 2023. The operating profit was -19.4 kDKK, while net earnings were 383.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. CENCIO A/S's liquidity measured by quick ratio was 2.3 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 | 3 804.59 | 3 606.81 | 3 657.26 | 4 485.55 | 4 239.67 |
EBIT | 409.76 | 472.29 | 416.04 | 616.50 | -19.37 |
Net earnings | 207.53 | 290.63 | 243.16 | 399.00 | 383.63 |
Shareholders equity total | 6 586.18 | 7 884.88 | 8 071.55 | 8 642.00 | 8 966.73 |
Balance sheet total (assets) | 13 625.24 | 15 533.62 | 15 229.77 | 14 954.26 | 14 629.94 |
Net debt | 1 246.98 | 1 022.72 | 1 011.52 | 850.65 | 161.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 3.5 % | 2.9 % | 4.3 % | 4.6 % |
ROE | 3.2 % | 4.0 % | 3.0 % | 4.8 % | 4.4 % |
ROI | 3.7 % | 4.1 % | 3.4 % | 5.0 % | 5.1 % |
Economic value added (EVA) | -64.35 | -17.03 | - 114.53 | 24.12 | - 477.57 |
Solvency | |||||
Equity ratio | 48.3 % | 50.8 % | 53.4 % | 57.8 % | 61.3 % |
Gearing | 62.4 % | 49.4 % | 46.4 % | 40.9 % | 29.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.6 | 1.8 | 2.6 | 2.3 |
Current ratio | 2.1 | 1.8 | 1.9 | 2.9 | 2.7 |
Cash and cash equivalents | 2 859.74 | 2 872.66 | 2 736.48 | 2 686.76 | 2 505.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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