CONVENA DISTRIBUTION A/S — Credit Rating and Financial Key Figures

CVR number: 27276407
Industriholmen 51, 2650 Hvidovre
tel: 33296000

Company information

Official name
CONVENA DISTRIBUTION A/S
Personnel
62 persons
Established
2003
Company form
Limited company
Industry

About CONVENA DISTRIBUTION A/S

CONVENA DISTRIBUTION A/S (CVR number: 27276407) is a company from HVIDOVRE. The company reported a net sales of 437.9 mDKK in 2022, demonstrating a growth of 23 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 3.7 mDKK), while net earnings were 2233.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. CONVENA DISTRIBUTION A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales387.60356.06437.91
Gross profit56.4358.7453.7562.2964.25
EBIT10.778.816.436.483.70
Net earnings7.296.154.009.522.23
Shareholders equity total54.7252.8756.8762.3058.52
Balance sheet total (assets)145.16143.97178.82200.45191.88
Net debt32.8234.8353.5284.6870.42
Profitability
EBIT-%1.7 %1.8 %0.8 %
ROA8.3 %6.5 %4.4 %7.0 %3.0 %
ROE13.7 %11.4 %7.3 %16.0 %3.7 %
ROI14.0 %9.9 %6.6 %9.5 %4.0 %
Economic value added (EVA)5.824.332.662.560.63
Solvency
Equity ratio37.7 %36.7 %31.8 %31.1 %30.5 %
Gearing69.6 %78.2 %107.5 %138.8 %121.5 %
Relative net indebtedness %29.5 %38.2 %30.2 %
Liquidity
Quick ratio0.70.90.70.60.6
Current ratio1.51.51.41.21.3
Cash and cash equivalents5.256.537.631.770.69
Capital use efficiency
Trade debtors turnover (days)31.045.938.8
Net working capital %11.6 %8.7 %7.7 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:2.98%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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