Converton ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 267.57 | 364.26 | 695.66 | 429.69 | 378.84 |
EBIT | -11.91 | 45.19 | 183.86 | -33.00 | -18.63 |
Net earnings | -12.77 | 32.94 | 127.03 | -26.61 | -14.97 |
Shareholders equity total | 188.15 | 221.09 | 290.92 | 205.41 | 190.44 |
Balance sheet total (assets) | 230.07 | 268.98 | 403.19 | 338.03 | 275.68 |
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) | -22.80 | 25.11 | 119.18 | -42.87 | -30.03 |
Solvency | |||||
Equity ratio | 81.8 % | 82.2 % | 72.2 % | 60.8 % | 69.1 % |
Gearing | 3.6 % | 3.0 % | 17.0 % | 45.0 % | 25.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 5.6 | 3.6 | 2.5 | 3.2 |
Current ratio | 5.5 | 5.6 | 3.6 | 2.5 | 3.2 |
Cash and cash equivalents | 219.35 | 215.25 | 245.36 | 113.52 | 142.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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