COMBINEERING A/S — Credit Rating and Financial Key Figures

CVR number: 29609969
Bistrupvej 176, 3460 Birkerød
info@combineering.dk
tel: 45584046

Credit rating

Company information

Official name
COMBINEERING A/S
Personnel
35 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About COMBINEERING A/S

COMBINEERING A/S (CVR number: 29609969) is a company from RUDERSDAL. The company recorded a gross profit of 29.5 mDKK in 2023. The operating profit was 1791.8 kDKK, while net earnings were 1318.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.7 %, 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. COMBINEERING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit22 713.9028 826.5838 314.0148 507.5229 459.29
EBIT5 816.825 336.3113 771.0624 725.651 791.76
Net earnings4 470.603 415.0210 766.2219 545.611 318.18
Shareholders equity total13 162.2916 493.2027 259.4236 805.0318 123.21
Balance sheet total (assets)35 679.6740 332.1754 319.6880 486.0877 005.18
Net debt- 674.131 289.08-14 335.44-25 841.04-4 341.69
Profitability
EBIT-%
ROA18.0 %13.5 %29.4 %37.1 %3.1 %
ROE32.8 %23.0 %49.2 %61.0 %4.8 %
ROI37.6 %23.9 %48.9 %68.9 %7.5 %
Economic value added (EVA)4 323.713 987.5910 769.2519 670.921 331.45
Solvency
Equity ratio36.9 %42.2 %51.6 %47.1 %24.7 %
Gearing9.1 %21.0 %3.5 %0.7 %11.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.81.70.9
Current ratio1.21.31.71.60.9
Cash and cash equivalents1 871.432 180.8815 285.8726 114.646 394.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.07%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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