Connect2 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Connect2 Holding ApS
Connect2 Holding ApS (CVR number: 36714220) is a company from FREDERIKSBERG. The company recorded a gross profit of -25.6 kDKK in 2024. The operating profit was -25.6 kDKK, while net earnings were 39.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 54.4 %, 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. Connect2 Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.25 | -11.56 | -15.63 | -18.44 | -25.63 |
EBIT | -11.25 | -11.56 | -15.63 | -18.44 | -25.63 |
Net earnings | 3.17 | -6.37 | -22.70 | -12.33 | 39.50 |
Shareholders equity total | 596.71 | 590.34 | 567.64 | 555.31 | 594.81 |
Balance sheet total (assets) | 688.90 | 837.72 | 752.10 | 766.07 | 1 093.99 |
Net debt | 52.78 | 244.82 | 159.13 | 139.86 | 428.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | 0.5 % | 0.9 % | -1.4 % | 4.0 % |
ROE | 0.5 % | -1.1 % | -3.9 % | -2.2 % | 6.9 % |
ROI | 1.0 % | 0.5 % | -2.4 % | -1.5 % | 4.2 % |
Economic value added (EVA) | -48.87 | -46.12 | -56.00 | -57.14 | -63.74 |
Solvency | |||||
Equity ratio | 86.6 % | 70.5 % | 75.5 % | 72.5 % | 54.4 % |
Gearing | 15.3 % | 41.9 % | 29.0 % | 30.0 % | 73.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.3 | 1.3 | 1.4 | 1.3 | 0.5 |
Current ratio | 5.3 | 1.3 | 1.4 | 1.3 | 0.5 |
Cash and cash equivalents | 38.24 | 2.56 | 5.22 | 26.46 | 9.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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