CFD — Credit Rating and Financial Key Figures
Credit rating
Company information
About CFD
CFD (CVR number: 55280312) is a company from GLADSAXE. The company reported a net sales of 297.5 mDKK in 2024, demonstrating a growth of 6.7 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 13.6 mDKK), while net earnings were 13.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. CFD's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 280.77 | 282.86 | 270.91 | 278.80 | 297.46 |
Gross profit | 280.77 | 226.96 | 212.37 | 220.16 | 233.93 |
EBIT | 7.93 | 8.68 | -1.71 | 7.45 | 13.60 |
Net earnings | 7.34 | 8.64 | -3.10 | 7.28 | 13.57 |
Shareholders equity total | 216.29 | 224.93 | 221.83 | 229.11 | 242.68 |
Balance sheet total (assets) | 301.87 | 279.12 | 273.71 | 292.66 | 304.16 |
Net debt | -61.70 | -49.90 | -41.29 | -24.27 | -21.31 |
Profitability | |||||
EBIT-% | 2.8 % | 3.1 % | -0.6 % | 2.7 % | 4.6 % |
ROA | 2.7 % | 3.3 % | -0.4 % | 3.0 % | 4.9 % |
ROE | 3.5 % | 3.9 % | -1.4 % | 3.2 % | 5.8 % |
ROI | 2.7 % | 3.5 % | -0.5 % | 3.6 % | 5.8 % |
Economic value added (EVA) | -2.57 | -2.19 | -13.17 | -3.84 | 1.19 |
Solvency | |||||
Equity ratio | 100.0 % | 80.6 % | 81.0 % | 78.3 % | 79.8 % |
Gearing | 1.4 % | 1.3 % | 7.8 % | 7.0 % | |
Relative net indebtedness % | -22.0 % | 0.4 % | 2.8 % | 7.6 % | 7.8 % |
Liquidity | |||||
Quick ratio | 2.7 | 2.1 | 2.2 | 2.1 | |
Current ratio | 2.7 | 2.1 | 2.2 | 2.1 | |
Cash and cash equivalents | 61.70 | 53.16 | 44.18 | 42.23 | 38.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.5 | 24.5 | 25.0 | 24.2 | |
Net working capital % | 22.0 % | 18.8 % | 12.7 % | 12.5 % | 10.8 % |
Credit risk | |||||
Credit rating | BBB | AAA | AA | AAA | AAA |
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