CONNECTING CUBES ApS — Credit Rating and Financial Key Figures

CVR number: 30813626
Erslevsvej 6, 2820 Gentofte
mjandersen666@live.dk
tel: 60407911

Credit rating

Company information

Official name
CONNECTING CUBES ApS
Established
2007
Company form
Private limited company
Industry

About CONNECTING CUBES ApS

CONNECTING CUBES ApS (CVR number: 30813626) is a company from GENTOFTE. The company recorded a gross profit of 120.9 kDKK in 2023. The operating profit was 120.9 kDKK, while net earnings were 67.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.2 %, which can be considered excellent but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CONNECTING CUBES ApS's liquidity measured by quick ratio was 19 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit34.5531.00-45.00-43.00120.95
EBIT34.5531.00-45.00-43.00120.95
Net earnings52.78123.00316.00- 114.0067.44
Shareholders equity total801.05844.001 071.00867.00884.74
Balance sheet total (assets)851.37906.001 215.00982.00932.67
Net debt- 779.89- 899.00-1 166.00- 482.00- 893.96
Profitability
EBIT-%
ROA7.7 %18.0 %40.4 %-1.9 %60.2 %
ROE6.4 %15.0 %33.0 %-11.8 %7.7 %
ROI8.2 %19.2 %44.7 %-2.2 %65.8 %
Economic value added (EVA)27.1923.07-32.00-38.23101.60
Solvency
Equity ratio94.1 %93.2 %88.1 %88.3 %94.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio20.225.722.18.519.0
Current ratio20.225.722.18.519.0
Cash and cash equivalents779.89899.001 166.00482.00893.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:60.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.9%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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