CONNECTOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONNECTOR A/S
CONNECTOR A/S (CVR number: 31429226) is a company from RUDERSDAL. The company reported a net sales of 21.7 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 13.3 % (EBIT: 2.9 mDKK), while net earnings were 2254.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 62.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CONNECTOR A/S's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10 720.78 | 14 275.53 | 16 163.74 | 20 969.21 | 21 692.61 |
Gross profit | 6 287.24 | 10 597.58 | 12 256.60 | 16 498.53 | 16 330.06 |
EBIT | 468.81 | 1 880.33 | 2 463.47 | 3 194.43 | 2 879.08 |
Net earnings | 362.33 | 1 457.81 | 1 912.78 | 2 482.19 | 2 254.47 |
Shareholders equity total | 862.33 | 2 020.15 | 2 513.93 | 3 484.12 | 3 755.59 |
Balance sheet total (assets) | 4 435.97 | 7 726.37 | 7 889.39 | 10 954.95 | 10 285.73 |
Net debt | -2 232.29 | -1 238.45 | -1 969.01 | -2 949.47 | -3 886.23 |
Profitability | |||||
EBIT-% | 4.4 % | 13.2 % | 15.2 % | 15.2 % | 13.3 % |
ROA | 13.0 % | 30.9 % | 31.6 % | 33.9 % | 27.4 % |
ROE | 43.4 % | 101.1 % | 84.4 % | 82.8 % | 62.3 % |
ROI | 48.6 % | 118.6 % | 107.6 % | 104.5 % | 77.7 % |
Economic value added (EVA) | 358.67 | 1 535.04 | 1 882.30 | 2 463.54 | 2 209.86 |
Solvency | |||||
Equity ratio | 20.5 % | 27.2 % | 34.0 % | 35.4 % | 41.1 % |
Gearing | 1.6 % | 0.5 % | 3.0 % | 3.5 % | |
Relative net indebtedness % | 12.5 % | 31.1 % | 21.0 % | 21.0 % | 11.6 % |
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.8 | 1.8 | 2.0 |
Current ratio | 1.4 | 1.5 | 1.6 | 1.6 | 1.7 |
Cash and cash equivalents | 2 232.29 | 1 270.94 | 1 981.73 | 3 052.82 | 4 019.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 69.7 | 87.6 | 111.6 | 120.7 | 89.4 |
Net working capital % | 11.3 % | 17.0 % | 18.4 % | 18.3 % | 18.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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