C.O.N. Finans ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C.O.N. Finans ApS
C.O.N. Finans ApS (CVR number: 38270176) is a company from HORSENS. The company recorded a gross profit of -182.5 kDKK in 2023. The operating profit was -457.3 kDKK, while net earnings were -323 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. C.O.N. Finans ApS's liquidity measured by quick ratio was 1295.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.15 | -14.89 | - 144.21 | - 155.78 | - 182.46 |
EBIT | -5.15 | -14.89 | - 144.21 | - 285.78 | - 457.30 |
Net earnings | 746.36 | 1 612.02 | 1 984.40 | - 374.44 | - 322.98 |
Shareholders equity total | 38 916.43 | 40 420.45 | 41 857.83 | 40 833.40 | 38 910.42 |
Balance sheet total (assets) | 39 150.44 | 40 494.44 | 42 328.10 | 50 996.43 | 48 948.21 |
Net debt | -18 233.43 | -39 004.57 | -42 216.60 | -39 866.11 | -38 099.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.6 % | 4.5 % | 7.9 % | 5.2 % | 4.0 % |
ROE | 1.9 % | 4.1 % | 4.8 % | -0.9 % | -0.8 % |
ROI | 2.7 % | 4.5 % | 7.9 % | 5.2 % | 4.0 % |
Economic value added (EVA) | -2 050.02 | -1 047.35 | - 175.46 | - 184.87 | - 368.90 |
Solvency | |||||
Equity ratio | 99.4 % | 99.8 % | 98.9 % | 80.1 % | 79.5 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 24.7 % | 25.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 166.8 | 545.8 | 90.0 | 312.8 | 1 295.3 |
Current ratio | 166.8 | 545.8 | 90.0 | 312.8 | 1 295.3 |
Cash and cash equivalents | 18 233.48 | 39 004.62 | 42 216.65 | 49 953.39 | 48 099.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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