CONART ApS — Credit Rating and Financial Key Figures

CVR number: 33587872
Flinthøjen 58, 8382 Hinnerup

Company information

Official name
CONART ApS
Established
2011
Company form
Private limited company
Industry

About CONART ApS

CONART ApS (CVR number: 33587872) is a company from FAVRSKOV. The company recorded a gross profit of -2.8 kDKK in 2023. The operating profit was -2.8 kDKK, while net earnings were 506.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CONART ApS's liquidity measured by quick ratio was 365.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.19-2.19-2.34-3.18-2.78
EBIT-2.19-2.19-2.34-3.18-2.78
Net earnings284.46182.89109.85494.11506.30
Shareholders equity total1 414.671 486.961 483.801 863.522 252.02
Balance sheet total (assets)1 418.421 490.711 487.551 867.262 257.95
Net debt-1 331.06-1 403.34-1 400.19-1 779.90-2 170.59
Profitability
EBIT-%
ROA21.6 %13.3 %7.7 %29.6 %24.5 %
ROE21.4 %12.6 %7.4 %29.5 %24.6 %
ROI21.7 %13.3 %7.7 %29.7 %24.6 %
Economic value added (EVA)-2.00-2.00-2.16-2.99-2.59
Solvency
Equity ratio99.7 %99.7 %99.7 %99.8 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio355.0374.2373.4474.6365.6
Current ratio355.0374.2373.4474.6365.6
Cash and cash equivalents1 331.061 403.341 400.191 779.902 170.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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