CONVENIENCE BY RØNTVED ApS — Credit Rating and Financial Key Figures

CVR number: 36414847
Buddingevej 195, 2860 Søborg

Credit rating

Company information

Official name
CONVENIENCE BY RØNTVED ApS
Personnel
48 persons
Established
2014
Company form
Private limited company
Industry

About CONVENIENCE BY RØNTVED ApS

CONVENIENCE BY RØNTVED ApS (CVR number: 36414847) is a company from GLADSAXE. The company recorded a gross profit of 8278.2 kDKK in 2023. The operating profit was 72 kDKK, while net earnings were 92 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 22.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CONVENIENCE BY RØNTVED 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 424.138 879.7010 456.9010 541.108 278.17
EBIT- 213.95568.49-6.8066.4371.99
Net earnings- 224.70426.52-32.9336.2692.00
Shareholders equity total347.44488.96331.04367.29459.29
Balance sheet total (assets)2 328.183 132.645 230.684 008.454 216.80
Net debt-53.35-21.35-2 202.77-1 174.89-1 517.24
Profitability
EBIT-%
ROA-8.0 %20.8 %-0.2 %1.4 %2.7 %
ROE-43.7 %102.0 %-8.0 %10.4 %22.3 %
ROI-19.7 %129.0 %-1.5 %17.3 %27.2 %
Economic value added (EVA)- 198.04428.98-26.86152.31100.54
Solvency
Equity ratio14.9 %15.6 %6.3 %9.2 %10.9 %
Gearing1.9 %7.9 %21.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.60.70.6
Current ratio1.21.21.11.11.1
Cash and cash equivalents60.0060.002 274.441 174.891 517.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.73%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.9%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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