Convi Food ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Convi Food ApS
Convi Food ApS (CVR number: 39187760) is a company from GLADSAXE. The company recorded a gross profit of 4784.7 kDKK in 2023. The operating profit was -1880.2 kDKK, while net earnings were -1708.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Convi Food 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 089.37 | 6 252.46 | 7 555.75 | 8 004.68 | 4 784.74 |
EBIT | -3 191.49 | 117.29 | 858.49 | 720.94 | -1 880.24 |
Net earnings | -2 748.00 | 69.07 | 472.53 | 829.44 | -1 708.23 |
Shareholders equity total | -2 398.72 | -2 329.64 | -1 857.11 | -1 034.73 | -2 843.59 |
Balance sheet total (assets) | 20 005.20 | 19 873.06 | 19 471.59 | 19 741.20 | 17 005.42 |
Net debt | 11 259.58 | 10 196.32 | 6 054.95 | 5 591.19 | 10 440.08 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.7 % | 0.5 % | 4.0 % | 6.8 % | -8.1 % |
ROE | -27.0 % | 0.3 % | 2.4 % | 4.2 % | -9.3 % |
ROI | -24.2 % | 0.9 % | 6.7 % | 11.8 % | -13.6 % |
Economic value added (EVA) | -2 403.03 | 275.07 | 823.14 | 895.74 | -1 132.33 |
Solvency | |||||
Equity ratio | -10.7 % | -10.5 % | -8.7 % | -5.0 % | -14.3 % |
Gearing | -500.3 % | -468.9 % | -584.3 % | -1053.3 % | -443.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.5 | 1.6 | 1.7 | 1.6 |
Current ratio | 0.9 | 1.6 | 1.8 | 1.8 | 1.8 |
Cash and cash equivalents | 741.26 | 726.74 | 4 795.70 | 5 307.18 | 2 159.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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