CONTINO ASSETS A/S — Credit Rating and Financial Key Figures

CVR number: 29306591
Industrivej 32, 6330 Padborg

Credit rating

Company information

Official name
CONTINO ASSETS A/S
Established
2006
Company form
Limited company
Industry

About CONTINO ASSETS A/S

CONTINO ASSETS A/S (CVR number: 29306591) is a company from AABENRAA. The company recorded a gross profit of 43.3 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 7761.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. CONTINO ASSETS A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit29 951.2633 404.3634 263.6834 197.6843 261.32
EBIT2 269.065 623.9919 062.248 108.9415 088.11
Net earnings832.152 759.1814 065.654 419.427 761.65
Shareholders equity total28 664.7833 763.9647 829.6152 249.0360 010.68
Balance sheet total (assets)171 851.85143 791.70165 386.19210 227.26205 300.76
Net debt86 331.4462 452.5335 726.5828 462.6930 172.94
Profitability
EBIT-%
ROA1.4 %3.6 %12.4 %4.3 %7.5 %
ROE2.9 %8.8 %34.5 %8.8 %13.8 %
ROI1.4 %3.6 %12.7 %4.5 %7.7 %
Economic value added (EVA)- 336.902 579.0213 320.143 603.279 119.22
Solvency
Equity ratio16.7 %23.5 %28.9 %24.9 %29.2 %
Gearing305.9 %187.8 %84.7 %60.0 %50.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.30.40.8
Current ratio0.10.30.30.50.8
Cash and cash equivalents1 341.61945.334 781.632 866.927.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:7.49%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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