GlobalConnect Invest DK A/S — Credit Rating and Financial Key Figures

CVR number: 38374893
Havneholmen 6, 2450 København SV

Credit rating

Company information

Official name
GlobalConnect Invest DK A/S
Established
2017
Company form
Limited company
Industry
  • Expand more icon61Telecommunications

About GlobalConnect Invest DK A/S

GlobalConnect Invest DK A/S (CVR number: 38374893) is a company from KØBENHAVN. The company recorded a gross profit of -226 kDKK in 2023. The operating profit was -226 kDKK, while net earnings were -31.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. GlobalConnect Invest DK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales217.00
Gross profit-3 299.00-2 132.00-1 273.00- 499.00- 226.00
EBIT-3 633.00-2 132.00-1 273.00- 499.00- 226.00
Net earnings-25 668.00-27 162.00-29 515.00-14 065.00-31 198.00
Shareholders equity total2 751 158.002 723 996.002 694 481.002 680 416.002 649 218.00
Balance sheet total (assets)3 654 276.003 656 195.003 521 662.003 555 082.003 561 668.00
Net debt901 676.00931 902.00826 873.00874 475.00911 655.00
Profitability
EBIT-%-1674.2 %
ROA0.1 %0.1 %0.0 %0.2 %0.2 %
ROE-0.9 %-1.0 %-1.1 %-0.5 %-1.2 %
ROI0.1 %0.1 %0.0 %0.2 %0.2 %
Economic value added (EVA)-13 706.4533 088.1735 261.2937 495.3138 815.44
Solvency
Equity ratio75.3 %74.5 %76.5 %75.4 %74.4 %
Gearing32.8 %34.2 %30.7 %32.6 %34.4 %
Relative net indebtedness %416111.5 %
Liquidity
Quick ratio64.398.4342.01.1
Current ratio64.398.4342.01.1
Cash and cash equivalents156.00297.00159.0075.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %92570.0 %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:0.18%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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