ID CONNECT A/S — Credit Rating and Financial Key Figures

CVR number: 39611082
Kirkebjerg Allé 88, 2605 Brøndby
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Credit rating

Company information

Official name
ID CONNECT A/S
Personnel
9 persons
Established
2018
Company form
Limited company
Industry

About ID CONNECT A/S

ID CONNECT A/S (CVR number: 39611082) is a company from BRØNDBY. The company recorded a gross profit of 7706.7 kDKK in 2024. The operating profit was 721.4 kDKK, while net earnings were 0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -2.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ID CONNECT A/S's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 089.262 671.033 790.125 415.087 706.69
EBIT-1 173.69-1 339.87-1 119.14- 619.16721.45
Net earnings- 788.25-1 286.60-1 290.38- 988.580.09
Shareholders equity total-1 117.13-2 403.74-3 694.12-4 682.70-4 682.61
Balance sheet total (assets)7 842.799 757.9411 299.1613 425.8015 617.01
Net debt6 446.5110 102.3512 592.1614 238.4214 987.19
Profitability
EBIT-%
ROA-14.8 %-12.7 %-8.2 %-3.7 %3.8 %
ROE-10.9 %-14.6 %-12.3 %-8.0 %0.0 %
ROI-15.6 %-13.4 %-8.8 %-4.2 %4.4 %
Economic value added (EVA)-1 051.31-1 287.22-1 287.81- 966.92-51.71
Solvency
Equity ratio-12.7 %19.9 %5.6 %-2.9 %-2.6 %
Gearing-602.4 %-432.3 %-345.4 %-310.1 %-331.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.73.63.01.81.7
Current ratio2.82.51.71.00.7
Cash and cash equivalents282.87288.38168.64284.06551.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.77%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.62%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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