ConCord Global Services A/S — Credit Rating and Financial Key Figures

CVR number: 38115960
Ravskærvej 64, Søften 8382 Hinnerup
lorenz@cgs.ag
tel: 26625502

Company information

Official name
ConCord Global Services A/S
Established
2016
Domicile
Søften
Company form
Limited company
Industry

About ConCord Global Services A/S

ConCord Global Services A/S (CVR number: 38115960) is a company from FAVRSKOV. The company recorded a gross profit of 806.2 kDKK in 2023. The operating profit was 806.2 kDKK, while net earnings were 592.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.6 %, which can be considered excellent and Return on Equity (ROE) was 63.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ConCord Global Services A/S's liquidity measured by quick ratio was 2.4 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 profit31.708.65125.59311.92806.16
EBIT20.588.65125.59311.92806.16
Net earnings14.867.63100.17245.21592.53
Shareholders equity total278.06285.69385.86631.061 223.60
Balance sheet total (assets)293.58299.19399.361 152.242 118.72
Net debt- 130.42-61.89-98.04- 273.34- 101.98
Profitability
EBIT-%
ROA6.8 %3.3 %37.0 %40.7 %49.6 %
ROE5.5 %2.7 %29.8 %48.2 %63.9 %
ROI7.6 %3.5 %38.5 %62.2 %87.4 %
Economic value added (EVA)8.56-0.7486.70228.85573.26
Solvency
Equity ratio94.7 %95.5 %96.6 %54.8 %57.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.922.229.62.22.4
Current ratio18.922.229.62.22.4
Cash and cash equivalents130.4261.8998.04273.34101.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:49.6%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.8%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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