Connovate Real Estate K/S — Credit Rating and Financial Key Figures

Connovate Real Estate K/S (CVR number: 40848347) is a company from AARHUS. The company recorded a gross profit of 691.5 kDKK in 2024. The operating profit was 63.8 kDKK, while net earnings were -299 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. Connovate Real Estate K/S's liquidity measured by quick ratio was 2.7 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.