C:NTACT-FONDEN — Credit Rating and Financial Key Figures

CVR number: 29598584
Edisonsvej 10, 1856 Frederiksberg C
tel: 33210755

Credit rating

Company information

Official name
C:NTACT-FONDEN
Personnel
22 persons
Established
2006
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 605.207 277.306 653.605 480.575 636.00
Gross profit512.631 007.14692.201 261.341 549.50
EBIT- 200.69165.56- 216.5665.0869.47
Net earnings-47.52148.68- 246.3133.9654.03
Shareholders equity total869.151 017.83771.52805.47859.50
Balance sheet total (assets)3 044.922 837.481 313.421 360.091 327.30
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)- 171.61240.33- 239.0333.1263.06
Solvency
Equity ratio28.5 %35.9 %58.7 %59.2 %64.8 %
Gearing
Relative net indebtedness %-2.1 %11.9 %0.5 %-5.8 %-4.7 %
Liquidity
Quick ratio1.51.72.42.32.7
Current ratio1.51.72.42.32.7
Cash and cash equivalents2 295.37951.96511.09871.42733.79
Capital use efficiency
Trade debtors turnover (days)5.75.43.611.9
Net working capital %17.2 %15.7 %11.2 %13.5 %14.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.29%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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