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

ID CONNECT A/S (CVR number: 39611082) is a company from BRØNDBY. The company recorded a gross profit of 5415.1 kDKK in 2023. The operating profit was -619.2 kDKK, while net earnings were -988.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.9 %. 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 1.8 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.