CONWEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONWEL A/S
CONWEL A/S (CVR number: 27006094) is a company from VEJLE. The company recorded a gross profit of 45.8 mDKK in 2023. The operating profit was 18.7 mDKK, while net earnings were 8763.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.1 %, 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. CONWEL A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 28 418.30 | 36 063.20 | 21 382.68 | 19 708.89 | 45 801.33 |
EBIT | 3 491.48 | 19 738.55 | 15 669.48 | 10 699.25 | 18 651.30 |
Net earnings | 3 320.00 | 15 465.97 | 12 246.28 | 8 654.36 | 8 763.55 |
Shareholders equity total | 79 537.24 | 95 003.21 | 107 249.49 | 115 903.85 | 124 667.40 |
Balance sheet total (assets) | 82 826.07 | 101 979.67 | 123 026.60 | 322 581.48 | 621 731.09 |
Net debt | 5 436.03 | 75 370.75 | 37 905.56 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 5.3 % | 21.5 % | 14.1 % | 4.9 % | 4.6 % |
ROE | 4.7 % | 17.7 % | 12.1 % | 7.8 % | 7.3 % |
ROI | 5.4 % | 22.3 % | 14.8 % | 5.1 % | 4.7 % |
Economic value added (EVA) | - 379.43 | 11 399.33 | 7 448.28 | 3 736.61 | 9 039.77 |
Solvency | |||||
Equity ratio | 96.0 % | 93.2 % | 87.2 % | 35.9 % | 20.1 % |
Gearing | 5.1 % | 65.0 % | 30.4 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 18.1 | 46.6 | 0.8 | 0.9 | 2.2 |
Current ratio | 18.1 | 46.6 | 0.8 | 0.9 | 2.2 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AAA | AAA | AAA |
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