CONARTH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONARTH ApS
CONARTH ApS (CVR number: 33590377) is a company from AARHUS. The company recorded a gross profit of 24.3 kDKK in 2023. The operating profit was -36.1 kDKK, while net earnings were 1463.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.6 %, which can be considered excellent and Return on Equity (ROE) was 109.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. CONARTH ApS's liquidity measured by quick ratio was 1.7 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 | 46.81 | 46.01 | 111.63 | -3.69 | 24.31 |
EBIT | -7.43 | -8.23 | 111.63 | -3.69 | -36.07 |
Net earnings | 385.51 | 232.12 | 1 062.25 | 965.98 | 1 463.83 |
Shareholders equity total | 472.98 | 315.10 | 1 143.35 | 1 109.33 | 1 573.16 |
Balance sheet total (assets) | 1 716.98 | 1 706.85 | 2 400.87 | 2 274.14 | 2 735.29 |
Net debt | 283.17 | 211.33 | -94.02 | -31.52 | 644.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 21.7 % | 14.7 % | 54.1 % | 42.6 % | 58.6 % |
ROE | 67.6 % | 58.9 % | 145.7 % | 85.8 % | 109.1 % |
ROI | 22.6 % | 15.6 % | 60.8 % | 46.8 % | 62.1 % |
Economic value added (EVA) | 6.70 | 20.91 | 124.18 | -2.48 | -22.95 |
Solvency | |||||
Equity ratio | 27.5 % | 18.5 % | 47.6 % | 48.8 % | 57.5 % |
Gearing | 258.0 % | 376.7 % | 86.9 % | 91.4 % | 65.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 1.8 | 1.9 | 1.7 |
Current ratio | 1.1 | 1.0 | 1.8 | 1.9 | 1.7 |
Cash and cash equivalents | 936.87 | 975.63 | 1 087.51 | 1 044.99 | 382.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | A |
Variable visualization
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