Contec ApS — Credit Rating and Financial Key Figures

Contec ApS (CVR number: 41188464) is a company from AABENRAA. The company recorded a gross profit of 2097.9 kDKK in 2021, demonstrating a growth of 71.4 % compared to the previous year. The operating profit was 369.9 kDKK, while net earnings were 168.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28 %, 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. Contec ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.