M2M Connect ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M2M Connect ApS
M2M Connect ApS (CVR number: 39675129) is a company from HERLEV. The company recorded a gross profit of 565 kDKK in 2024. The operating profit was -70.5 kDKK, while net earnings were -65.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. M2M Connect ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 847.71 | 903.51 | 894.78 | 1 019.34 | 564.97 |
EBIT | 31.15 | 118.37 | 137.07 | 371.04 | -70.51 |
Net earnings | 10.96 | 15.64 | 75.11 | 308.28 | -65.20 |
Shareholders equity total | 340.87 | 356.51 | 462.56 | 770.85 | 583.65 |
Balance sheet total (assets) | 427.53 | 465.28 | 678.92 | 1 153.92 | 883.34 |
Net debt | 38.97 | 16.05 | -39.65 | - 464.98 | - 514.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 26.7 % | 24.2 % | 43.2 % | -6.9 % |
ROE | 3.4 % | 4.5 % | 18.3 % | 50.0 % | -9.6 % |
ROI | 6.1 % | 28.1 % | 25.9 % | 47.2 % | -7.4 % |
Economic value added (EVA) | 1.76 | 76.85 | 90.74 | 277.31 | -58.27 |
Solvency | |||||
Equity ratio | 79.7 % | 76.6 % | 68.1 % | 66.8 % | 66.1 % |
Gearing | 24.3 % | 19.2 % | 39.4 % | 34.1 % | 46.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 4.3 | 3.1 | 3.0 | 2.9 |
Current ratio | 4.9 | 4.3 | 3.1 | 3.0 | 2.9 |
Cash and cash equivalents | 43.87 | 52.41 | 221.68 | 727.73 | 787.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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