Candeno A/S — Credit Rating and Financial Key Figures

CVR number: 39633914
Klosterport 4 E, 8000 Aarhus C
info@candeno.com
tel: 31379774
www.candeno.com
Free credit report Annual report

Credit rating

Company information

Official name
Candeno A/S
Personnel
42 persons
Established
2018
Company form
Limited company
Industry

About Candeno A/S

Candeno A/S (CVR number: 39633914) is a company from AARHUS. The company recorded a gross profit of 17.1 mDKK in 2024. The operating profit was -934.9 kDKK, while net earnings were -987.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -39.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. Candeno A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit2 891.422 609.7311 219.0215 725.6917 124.42
EBIT325.84-91.241 510.80587.40- 934.91
Net earnings194.33- 132.391 113.13241.65- 987.12
Shareholders equity total1 035.053 152.66265.78507.434 515.15
Balance sheet total (assets)3 593.746 621.026 842.8412 754.5814 079.00
Net debt-1 256.15-3 601.891 521.022 453.952 400.78
Profitability
EBIT-%
ROA14.7 %-1.7 %22.4 %6.0 %-6.9 %
ROE22.0 %-6.3 %65.1 %62.5 %-39.3 %
ROI23.1 %-2.8 %43.7 %18.2 %-16.9 %
Economic value added (EVA)225.25- 183.76955.09281.68- 936.33
Solvency
Equity ratio31.5 %54.0 %4.7 %4.0 %32.1 %
Gearing100.9 %33.9 %793.3 %563.4 %53.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.80.80.30.2
Current ratio2.22.60.60.30.2
Cash and cash equivalents2 300.504 671.61587.57404.9233.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-6.87%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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