reConnect ApS — Credit Rating and Financial Key Figures

CVR number: 32354408
Haslegårdsvej 8, Hasle 8210 Aarhus V

Credit rating

Company information

Official name
reConnect ApS
Personnel
4 persons
Established
2014
Domicile
Hasle
Company form
Private limited company
Industry

About reConnect ApS

reConnect ApS (CVR number: 32354408) is a company from AARHUS. The company recorded a gross profit of 2257.5 kDKK in 2023. The operating profit was 239.5 kDKK, while net earnings were -1215.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -5.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. reConnect ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit-1 387.421 964.162 397.812 211.872 257.51
EBIT-5 275.45- 657.8983.62302.94239.48
Net earnings48 182.83- 193.892 462.57117.98-1 215.83
Shareholders equity total31 147.4227 236.8425 704.9421 822.9220 607.09
Balance sheet total (assets)42 536.1040 060.9838 806.4933 177.5936 386.03
Net debt1 921.524 333.375 835.786 814.572 878.75
Profitability
EBIT-%
ROA168.0 %1.0 %5.9 %2.4 %0.7 %
ROE273.7 %-0.7 %9.3 %0.5 %-5.7 %
ROI203.6 %1.2 %7.3 %2.8 %0.9 %
Economic value added (EVA)-3 765.88-2 229.66-1 136.82- 597.60- 505.98
Solvency
Equity ratio73.2 %68.0 %66.2 %65.8 %56.6 %
Gearing6.6 %16.9 %24.4 %31.3 %14.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.50.71.2
Current ratio0.30.50.50.71.2
Cash and cash equivalents128.51264.27447.496.5818.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:0.67%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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