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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 44.3 kDKK in 2024. The operating profit was -59.2 kDKK, while net earnings were 228.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CONARTH ApS's liquidity measured by quick ratio was 0.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 46.01 | 111.63 | -3.69 | 24.31 | 44.31 |
| EBIT | -8.23 | 111.63 | -3.69 | -36.07 | -59.19 |
| Net earnings | 232.12 | 1 062.25 | 965.98 | 1 463.83 | 228.60 |
| Shareholders equity total | 315.10 | 1 143.35 | 1 109.33 | 1 573.16 | 351.76 |
| Balance sheet total (assets) | 1 706.85 | 2 400.87 | 2 274.14 | 2 735.29 | 1 091.18 |
| Net debt | 211.33 | -94.02 | -31.52 | 644.40 | 566.31 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.7 % | 54.1 % | 42.6 % | 58.6 % | 12.0 % |
| ROE | 58.9 % | 145.7 % | 85.8 % | 109.1 % | 23.8 % |
| ROI | 15.6 % | 60.8 % | 46.8 % | 62.1 % | 12.5 % |
| Economic value added (EVA) | -92.42 | 10.69 | - 111.07 | - 130.41 | - 176.96 |
| Solvency | |||||
| Equity ratio | 18.5 % | 47.6 % | 48.8 % | 57.5 % | 32.2 % |
| Gearing | 376.7 % | 86.9 % | 91.4 % | 65.3 % | 198.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.8 | 1.9 | 1.7 | 0.7 |
| Current ratio | 1.0 | 1.8 | 1.9 | 1.7 | 0.7 |
| Cash and cash equivalents | 975.63 | 1 087.51 | 1 044.99 | 382.50 | 131.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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