C.O.N. Finans ApS — Credit Rating and Financial Key Figures

CVR number: 38270176
Grønningen 36, 8700 Horsens

Credit rating

Company information

Official name
C.O.N. Finans ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings746.361 612.021 984.40- 374.44- 322.98
Shareholders equity total38 916.4340 420.4541 857.8340 833.4038 910.42
Balance sheet total (assets)39 150.4440 494.4442 328.1050 996.4348 948.21
Net debt-18 233.43-39 004.57-42 216.60-39 866.11-38 099.50
Profitability
EBIT-%
ROA2.6 %4.5 %7.9 %5.2 %4.0 %
ROE1.9 %4.1 %4.8 %-0.9 %-0.8 %
ROI2.7 %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 ratio99.4 %99.8 %98.9 %80.1 %79.5 %
Gearing0.0 %0.0 %0.0 %24.7 %25.7 %
Relative net indebtedness %
Liquidity
Quick ratio166.8545.890.0312.81 295.3
Current ratio166.8545.890.0312.81 295.3
Cash and cash equivalents18 233.4839 004.6242 216.6549 953.3948 099.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:3.99%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.5%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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