Concentrix CVG Services Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 29011273
Lyskær 3-3 C-D, 2730 Herlev

Credit rating

Company information

Official name
Concentrix CVG Services Denmark ApS
Personnel
3 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About Concentrix CVG Services Denmark ApS

Concentrix CVG Services Denmark ApS (CVR number: 29011273) is a company from HERLEV. The company recorded a gross profit of 1448.7 kDKK in 2023. The operating profit was 125.5 kDKK, while net earnings were 70.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23 %, which can be considered excellent and Return on Equity (ROE) was 39.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. Concentrix CVG Services Denmark ApS's liquidity measured by quick ratio was 2 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
2019
2020
2021
2022
2023
Volume
Net sales88.54
Gross profit6.56-30.9812.5071.871 448.73
EBIT6.56-30.9812.5071.87125.51
Net earnings3.23-31.18-11.002.1870.85
Shareholders equity total182.54151.36140.36142.54213.39
Balance sheet total (assets)277.15363.07353.68948.16420.46
Net debt-35.1332.47147.16275.13- 238.82
Profitability
EBIT-%7.4 %
ROA2.4 %-1.8 %5.5 %11.0 %23.0 %
ROE1.8 %-18.7 %-7.5 %1.5 %39.8 %
ROI3.5 %-2.4 %6.6 %18.0 %44.5 %
Economic value added (EVA)2.66-29.1710.2165.8793.80
Solvency
Equity ratio65.9 %41.7 %39.7 %15.0 %50.8 %
Gearing2.6 %91.3 %119.8 %244.5 %
Relative net indebtedness %61.9 %
Liquidity
Quick ratio2.91.71.71.22.0
Current ratio2.91.71.71.22.0
Cash and cash equivalents39.79105.7021.0573.38238.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %206.2 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:23.0%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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