Conradsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Conradsen Holding ApS
Conradsen Holding ApS (CVR number: 36912367) is a company from VEJEN. The company recorded a gross profit of -66.5 kDKK in 2023. The operating profit was -66.5 kDKK, while net earnings were 5571 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 46 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. Conradsen Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -21.74 | - 148.00 | - 115.08 | -24.51 | -66.51 |
EBIT | -21.74 | - 148.00 | - 115.08 | -24.51 | -66.51 |
Net earnings | 458.93 | 693.53 | 4 366.79 | 2 852.44 | 5 570.99 |
Shareholders equity total | 1 418.54 | 2 112.08 | 6 478.86 | 9 331.30 | 14 902.29 |
Balance sheet total (assets) | 2 233.52 | 6 206.05 | 12 279.24 | 19 136.45 | 26 506.42 |
Net debt | 397.30 | 3 774.61 | 4 964.23 | 8 079.30 | 10 124.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.5 % | 19.6 % | 49.6 % | 21.1 % | 27.5 % |
ROE | 38.6 % | 39.3 % | 101.7 % | 36.1 % | 46.0 % |
ROI | 30.7 % | 21.5 % | 52.9 % | 23.0 % | 29.6 % |
Economic value added (EVA) | 38.63 | -67.17 | 39.28 | 342.29 | 542.87 |
Solvency | |||||
Equity ratio | 63.5 % | 34.0 % | 52.8 % | 48.8 % | 56.2 % |
Gearing | 28.0 % | 178.7 % | 76.6 % | 86.6 % | 67.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 1.0 | 1.0 | 0.6 |
Current ratio | 0.7 | 0.9 | 1.0 | 1.0 | 0.6 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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