Converton ApS — Credit Rating and Financial Key Figures

CVR number: 39128861
Struenseegade 45, 2200 København N
martin@converton.se
tel: 53556474
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Company information

Official name
Converton ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Converton ApS

Converton ApS (CVR number: 39128861) is a company from KØBENHAVN. The company recorded a gross profit of 378.8 kDKK in 2024. The operating profit was -18.6 kDKK, while net earnings were -15 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. Converton ApS's liquidity measured by quick ratio was 3.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit267.57364.26695.66429.69378.84
EBIT-11.9145.19183.86-33.00-18.63
Net earnings-12.7732.94127.03-26.61-14.97
Shareholders equity total188.15221.09290.92205.41190.44
Balance sheet total (assets)230.07268.98403.19338.03275.68
Net debt- 212.63- 208.53- 195.95-21.11-93.23
Profitability
EBIT-%
ROA-5.0 %18.1 %54.7 %-8.9 %-6.0 %
ROE-6.6 %16.1 %49.6 %-10.7 %-7.6 %
ROI-5.9 %21.4 %64.7 %-10.3 %-6.8 %
Economic value added (EVA)-22.8025.11119.18-42.87-30.03
Solvency
Equity ratio81.8 %82.2 %72.2 %60.8 %69.1 %
Gearing3.6 %3.0 %17.0 %45.0 %25.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.55.63.62.53.2
Current ratio5.55.63.62.53.2
Cash and cash equivalents219.35215.25245.36113.52142.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-5.99%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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