C:NTACT-FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About C:NTACT-FONDEN
C:NTACT-FONDEN (CVR number: 29598584) is a company from FREDERIKSBERG. The company reported a net sales of 5.6 mDKK in 2023, demonstrating a growth of 2.8 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0.1 mDKK), while net earnings were 54 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 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. C:NTACT-FONDEN's liquidity measured by quick ratio was 2.7 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 605.20 | 7 277.30 | 6 653.60 | 5 480.57 | 5 636.00 |
Gross profit | 512.63 | 1 007.14 | 692.20 | 1 261.34 | 1 549.50 |
EBIT | - 200.69 | 165.56 | - 216.56 | 65.08 | 69.47 |
Net earnings | -47.52 | 148.68 | - 246.31 | 33.96 | 54.03 |
Shareholders equity total | 869.15 | 1 017.83 | 771.52 | 805.47 | 859.50 |
Balance sheet total (assets) | 3 044.92 | 2 837.48 | 1 313.42 | 1 360.09 | 1 327.30 |
Net debt | -2 295.37 | - 951.96 | - 511.09 | - 871.42 | - 733.79 |
Profitability | |||||
EBIT-% | -3.6 % | 2.3 % | -3.3 % | 1.2 % | 1.2 % |
ROA | -8.4 % | 5.6 % | -10.4 % | 8.9 % | 5.3 % |
ROE | -5.3 % | 15.8 % | -27.5 % | 4.3 % | 6.5 % |
ROI | -20.5 % | 15.1 % | -22.2 % | 15.0 % | 8.5 % |
Economic value added (EVA) | - 171.61 | 240.33 | - 239.03 | 33.12 | 63.06 |
Solvency | |||||
Equity ratio | 28.5 % | 35.9 % | 58.7 % | 59.2 % | 64.8 % |
Gearing | |||||
Relative net indebtedness % | -2.1 % | 11.9 % | 0.5 % | -5.8 % | -4.7 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 2.4 | 2.3 | 2.7 |
Current ratio | 1.5 | 1.7 | 2.4 | 2.3 | 2.7 |
Cash and cash equivalents | 2 295.37 | 951.96 | 511.09 | 871.42 | 733.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.7 | 5.4 | 3.6 | 11.9 | |
Net working capital % | 17.2 % | 15.7 % | 11.2 % | 13.5 % | 14.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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