CECON ApS — Credit Rating and Financial Key Figures

CECON ApS (CVR number: 32339921) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2016. The operating profit percentage was at 100 % (EBIT: 0.3 mDKK), while net earnings were 213.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 64.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CECON ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.