Conaxess Trade Denmark Beverages A/S — Credit Rating and Financial Key Figures

Conaxess Trade Denmark Beverages A/S (CVR number: 63395013) is a company from HVIDOVRE. The company recorded a gross profit of 20.7 mDKK in 2023. The operating profit was 3452 kDKK, while net earnings were 2458 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. Conaxess Trade Denmark Beverages A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.