Convena Group A/S — Credit Rating and Financial Key Figures

CVR number: 38289187
Industriholmen 51, 2650 Hvidovre

Company information

Official name
Convena Group A/S
Established
2016
Company form
Limited company
Industry

About Convena Group A/S

Convena Group A/S (CVR number: 38289187) is a company from HVIDOVRE. The company recorded a gross profit of -169 kDKK in 2022. The operating profit was -1250.8 kDKK, while net earnings were 549.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. Convena Group A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit- 156.14- 156.89-83.86-87.74- 169.01
EBIT-2 246.43-3 555.99-3 342.44-1 197.06-1 250.79
Net earnings8 366.385 434.894 112.027 360.84549.76
Shareholders equity total40 733.4738 023.0136 588.5639 857.8634 387.61
Balance sheet total (assets)92 770.6793 701.4783 284.1466 457.3162 091.44
Net debt51 739.9755 458.3246 389.5026 255.0227 588.99
Profitability
EBIT-%
ROA10.0 %6.0 %5.0 %11.1 %1.6 %
ROE20.6 %13.8 %11.0 %19.3 %1.5 %
ROI10.0 %6.1 %5.0 %11.2 %1.6 %
Economic value added (EVA)-22.47- 311.08202.261 231.981 190.06
Solvency
Equity ratio43.9 %40.6 %43.9 %60.0 %55.1 %
Gearing127.0 %145.9 %126.8 %66.1 %80.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.0
Current ratio0.00.00.00.10.0
Cash and cash equivalents0.02102.670.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.55%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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