CONVI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONVI ApS
CONVI ApS (CVR number: 27701493) is a company from ODENSE. The company reported a net sales of 0.6 mDKK in 2020, demonstrating a decline of -68.1 % compared to the previous year. The operating profit percentage was at 73.9 % (EBIT: 0.4 mDKK), while net earnings were 346.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 50.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CONVI ApS's liquidity measured by quick ratio was 2.1 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 190.78 | 926.45 | 696.06 | 1 902.12 | 606.95 |
Gross profit | 818.84 | 699.11 | 518.41 | 1 622.38 | 556.62 |
EBIT | 74.06 | 15.84 | 44.82 | 1 066.02 | 448.62 |
Net earnings | 72.16 | 13.93 | 42.91 | 845.08 | 346.49 |
Shareholders equity total | 149.43 | 163.36 | 206.26 | 1 011.34 | 361.84 |
Balance sheet total (assets) | 548.99 | 507.85 | 461.58 | 1 575.58 | 693.45 |
Net debt | -67.29 | - 128.09 | - 159.08 | -1 523.01 | - 638.80 |
Profitability | |||||
EBIT-% | 6.2 % | 1.7 % | 6.4 % | 56.0 % | 73.9 % |
ROA | 13.5 % | 3.0 % | 9.2 % | 104.7 % | 39.5 % |
ROE | 48.3 % | 8.9 % | 23.2 % | 138.8 % | 50.5 % |
ROI | 49.6 % | 10.1 % | 24.3 % | 175.1 % | 65.3 % |
Economic value added (EVA) | 74.06 | 11.72 | 43.05 | 844.22 | 372.20 |
Solvency | |||||
Equity ratio | 27.2 % | 32.2 % | 44.7 % | 64.2 % | 52.2 % |
Gearing | |||||
Relative net indebtedness % | 27.9 % | 23.4 % | 13.8 % | -50.4 % | -50.6 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 1.0 | 2.7 | 2.1 |
Current ratio | 1.4 | 1.5 | 1.8 | 2.8 | 2.1 |
Cash and cash equivalents | 67.29 | 128.09 | 159.08 | 1 523.01 | 638.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.0 | 47.7 | 55.2 | 28.6 | |
Net working capital % | 12.5 % | 17.6 % | 29.6 % | 53.2 % | 59.6 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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