CONTINO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONTINO A/S
CONTINO A/S (CVR number: 92405451) is a company from AABENRAA. The company recorded a gross profit of 6058.5 kDKK in 2023. The operating profit was -22.1 mDKK, while net earnings were -13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -17.8 %, which can be considered poor and Return on Equity (ROE) was -52.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, 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. CONTINO 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 785.06 | 7 896.34 | 18 803.13 | 28 014.11 | 6 058.45 |
EBIT | -13 568.54 | -5 280.92 | -2 984.45 | 2 052.41 | -22 142.66 |
Net earnings | -11 522.59 | -1 735.33 | 2 643.17 | 6 342.73 | -13 613.82 |
Shareholders equity total | 23 156.40 | 21 465.76 | 24 172.57 | 30 697.53 | 21 324.49 |
Balance sheet total (assets) | 60 510.96 | 72 133.99 | 92 769.29 | 94 314.06 | 99 252.00 |
Net debt | 27 189.93 | 38 095.64 | 45 929.17 | 44 877.04 | 60 096.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -23.1 % | -3.3 % | 3.1 % | 8.2 % | -17.8 % |
ROE | -55.4 % | -7.8 % | 11.6 % | 23.1 % | -52.3 % |
ROI | -27.8 % | -3.9 % | 3.9 % | 10.2 % | -21.6 % |
Economic value added (EVA) | -9 469.46 | -3 156.64 | -1 046.49 | 3 506.44 | -15 031.83 |
Solvency | |||||
Equity ratio | 38.3 % | 29.8 % | 26.1 % | 32.5 % | 21.5 % |
Gearing | 120.6 % | 179.6 % | 198.2 % | 152.5 % | 283.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 |
Current ratio | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 |
Cash and cash equivalents | 729.78 | 459.10 | 1 977.22 | 1 931.87 | 267.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | BBB |
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