CONNECTING24 HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONNECTING24 HOLDING ApS
CONNECTING24 HOLDING ApS (CVR number: 30239407) is a company from KØBENHAVN. The company recorded a gross profit of -474.8 kDKK in 2024. The operating profit was -527.8 kDKK, while net earnings were 17.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. CONNECTING24 HOLDING ApS's liquidity measured by quick ratio was 2.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.00 | -22.39 | -44.35 | -2 119.29 | - 474.84 |
EBIT | -96.00 | - 139.55 | - 354.00 | -2 172.29 | - 527.84 |
Net earnings | -2 642.00 | -2 189.06 | 7 976.77 | 23 002.56 | 17 763.26 |
Shareholders equity total | 41 114.00 | 12 092.73 | 20 069.50 | 43 372.16 | 60 950.15 |
Balance sheet total (assets) | 43 945.00 | 20 571.49 | 40 236.74 | 64 260.70 | 79 048.00 |
Net debt | 871.00 | 1 107.88 | 19 477.15 | 7 988.32 | -13 219.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.8 % | -6.7 % | 25.3 % | 46.7 % | 27.0 % |
ROE | -6.2 % | -8.2 % | 49.6 % | 72.5 % | 34.1 % |
ROI | -5.8 % | -6.8 % | 25.7 % | 47.5 % | 27.2 % |
Economic value added (EVA) | -2 367.40 | -2 327.13 | -1 276.05 | -3 913.81 | -3 697.49 |
Solvency | |||||
Equity ratio | 93.6 % | 58.8 % | 49.9 % | 67.5 % | 77.1 % |
Gearing | 2.3 % | 9.2 % | 97.1 % | 45.4 % | 27.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.4 | 0.4 | 0.9 | 2.4 |
Current ratio | 3.3 | 3.4 | 0.4 | 0.9 | 2.4 |
Cash and cash equivalents | 73.00 | 3.13 | 11 717.14 | 30 033.97 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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