Connecting Network ApS — Credit Rating and Financial Key Figures

Connecting Network ApS (CVR number: 40275576) is a company from HOLBÆK. The company recorded a gross profit of 793.8 kDKK in 2022. The operating profit was 32.4 kDKK, while net earnings were 27.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 85.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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. Connecting Network ApS's liquidity measured by quick ratio was 1.4 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.