Cannek ApS — Credit Rating and Financial Key Figures

Cannek ApS (CVR number: 43165836) is a company from IKAST-BRANDE. The company reported a net sales of 1 mDKK in 2024, demonstrating a decline of -45.7 % compared to the previous year. The operating profit percentage was at 98.5 % (EBIT: 1 mDKK), while net earnings were 516.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.2 %, 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. Cannek ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.