Confidence Search ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Confidence Search ApS
Confidence Search ApS (CVR number: 34627282) is a company from ODENSE. The company recorded a gross profit of 2226.3 kDKK in 2024. The operating profit was -34.3 kDKK, while net earnings were -42.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, 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. Confidence Search ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 524.87 | 4 467.88 | 4 159.82 | 3 793.99 | 2 226.32 | 
| EBIT | 896.73 | 312.99 | 450.74 | 114.86 | -34.34 | 
| Net earnings | 681.04 | 221.74 | 323.12 | 68.28 | -42.77 | 
| Shareholders equity total | 465.91 | 587.65 | 681.97 | 514.65 | 227.88 | 
| Balance sheet total (assets) | 1 700.47 | 1 476.47 | 1 344.88 | 870.41 | 628.10 | 
| Net debt | -1 128.59 | - 703.54 | - 507.38 | - 381.93 | -35.93 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 56.1 % | 19.7 % | 32.0 % | 10.4 % | -4.6 % | 
| ROE | 129.6 % | 42.1 % | 50.9 % | 11.4 % | -11.5 % | 
| ROI | 157.6 % | 58.8 % | 71.0 % | 19.2 % | -7.1 % | 
| Economic value added (EVA) | 656.52 | 204.20 | 298.04 | 36.34 | -62.50 | 
| Solvency | |||||
| Equity ratio | 27.4 % | 39.8 % | 50.7 % | 59.1 % | 36.3 % | 
| Gearing | 99.5 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.7 | 2.0 | 2.5 | 1.6 | 
| Current ratio | 1.4 | 1.7 | 2.0 | 2.5 | 1.6 | 
| Cash and cash equivalents | 1 128.59 | 703.54 | 507.38 | 381.93 | 262.75 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB | 
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