CAN ApS — Credit Rating and Financial Key Figures

CVR number: 21830674
Teglgårdsparken 34, 5500 Middelfart

Credit rating

Company information

Official name
CAN ApS
Established
1999
Company form
Private limited company
Industry

About CAN ApS

CAN ApS (CVR number: 21830674K) is a company from MIDDELFART. The company reported a net sales of 292.7 mDKK in 2024, demonstrating a decline of -26.3 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 10.3 mDKK), while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CAN ApS's liquidity measured by quick ratio was 2 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales527.39599.69730.63397.29292.67
Gross profit116.72126.48141.2197.5577.31
EBIT48.5263.1767.4421.6010.31
Net earnings45.1568.0575.5619.9311.27
Shareholders equity total324.19320.42
Balance sheet total (assets)347.33447.80476.64471.86427.53
Net debt-45.49-42.37
Profitability
EBIT-%9.2 %10.5 %9.2 %5.4 %3.5 %
ROA14.9 %15.9 %14.6 %6.1 %3.5 %
ROE53.9 %46.7 %13.3 %
ROI14.9 %15.9 %14.6 %6.7 %4.0 %
Economic value added (EVA)29.4449.5352.9015.79-12.12
Solvency
Equity ratio68.7 %74.9 %
Gearing17.8 %16.4 %
Relative net indebtedness %6.7 %0.8 %
Liquidity
Quick ratio2.02.0
Current ratio2.12.3
Cash and cash equivalents103.1694.85
Capital use efficiency
Trade debtors turnover (days)48.927.9
Net working capital %27.5 %29.0 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:3.52%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.9%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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