CONARTH ApS — Credit Rating and Financial Key Figures

CVR number: 33590377
Langhøjvej 1 D, True 8381 Tilst

Company information

Official name
CONARTH ApS
Established
2011
Domicile
True
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit46.8146.01111.63-3.6924.31
EBIT-7.43-8.23111.63-3.69-36.07
Net earnings385.51232.121 062.25965.981 463.83
Shareholders equity total472.98315.101 143.351 109.331 573.16
Balance sheet total (assets)1 716.981 706.852 400.872 274.142 735.29
Net debt283.17211.33-94.02-31.52644.40
Profitability
EBIT-%
ROA21.7 %14.7 %54.1 %42.6 %58.6 %
ROE67.6 %58.9 %145.7 %85.8 %109.1 %
ROI22.6 %15.6 %60.8 %46.8 %62.1 %
Economic value added (EVA)6.7020.91124.18-2.48-22.95
Solvency
Equity ratio27.5 %18.5 %47.6 %48.8 %57.5 %
Gearing258.0 %376.7 %86.9 %91.4 %65.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.81.91.7
Current ratio1.11.01.81.91.7
Cash and cash equivalents936.87975.631 087.511 044.99382.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:58.6%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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