Convene Collection ApS — Credit Rating and Financial Key Figures

CVR number: 37876690
Banegårdspladsen 1 A, 8000 Aarhus C
grb@melinmedical.com
tel: 31416999
www.melinmedical.dk

Credit rating

Company information

Official name
Convene Collection ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About Convene Collection ApS

Convene Collection ApS (CVR number: 37876690) is a company from AARHUS. The company recorded a gross profit of 1016.1 kDKK in 2023. The operating profit was 1016.1 kDKK, while net earnings were 880.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. Convene Collection ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit691.80923.69730.32721.101 016.09
EBIT378.81923.69730.32721.101 016.09
Net earnings244.97783.30571.47541.43880.72
Shareholders equity total663.691 446.992 018.472 559.903 440.62
Balance sheet total (assets)1 889.423 351.043 912.793 800.244 751.21
Net debt789.31456.5979.89460.7556.09
Profitability
EBIT-%
ROA27.6 %39.0 %20.4 %18.7 %26.4 %
ROE45.3 %74.2 %33.0 %23.7 %29.4 %
ROI37.4 %54.5 %29.6 %22.9 %29.0 %
Economic value added (EVA)299.64691.84511.82497.02687.39
Solvency
Equity ratio35.8 %43.2 %51.6 %67.4 %72.4 %
Gearing134.1 %52.2 %39.5 %36.2 %24.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.20.90.50.7
Current ratio2.01.20.90.50.7
Cash and cash equivalents100.74298.77717.60467.13801.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:26.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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