GlobalConnect Invest DK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 217.00 | ||||
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 total | 2 751 158.00 | 2 723 996.00 | 2 694 481.00 | 2 680 416.00 | 2 649 218.00 |
Balance sheet total (assets) | 3 654 276.00 | 3 656 195.00 | 3 521 662.00 | 3 555 082.00 | 3 561 668.00 |
Net debt | 901 676.00 | 931 902.00 | 826 873.00 | 874 475.00 | 911 655.00 |
Profitability | |||||
EBIT-% | -1674.2 % | ||||
ROA | 0.1 % | 0.1 % | 0.0 % | 0.2 % | 0.2 % |
ROE | -0.9 % | -1.0 % | -1.1 % | -0.5 % | -1.2 % |
ROI | 0.1 % | 0.1 % | 0.0 % | 0.2 % | 0.2 % |
Economic value added (EVA) | -13 706.45 | 33 088.17 | 35 261.29 | 37 495.31 | 38 815.44 |
Solvency | |||||
Equity ratio | 75.3 % | 74.5 % | 76.5 % | 75.4 % | 74.4 % |
Gearing | 32.8 % | 34.2 % | 30.7 % | 32.6 % | 34.4 % |
Relative net indebtedness % | 416111.5 % | ||||
Liquidity | |||||
Quick ratio | 64.3 | 98.4 | 342.0 | 1.1 | |
Current ratio | 64.3 | 98.4 | 342.0 | 1.1 | |
Cash and cash equivalents | 156.00 | 297.00 | 159.00 | 75.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 92570.0 % | ||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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