CNC Give ApS — Credit Rating and Financial Key Figures

CNC Give ApS (CVR number: 30592271) is a company from VEJLE. The company recorded a gross profit of 3590.2 kDKK in 2023. The operating profit was 874.5 kDKK, while net earnings were 268.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 19.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CNC Give ApS's liquidity measured by quick ratio was 0.5 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.