CONNECT ACCESSORIES ApS — Credit Rating and Financial Key Figures

CVR number: 31766737
Drewsensvej 5 A, 8600 Silkeborg
tel: 88885910

Company information

Official name
CONNECT ACCESSORIES ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About CONNECT ACCESSORIES ApS

CONNECT ACCESSORIES ApS (CVR number: 31766737) is a company from SILKEBORG. The company recorded a gross profit of 290.9 kDKK in 2024. The operating profit was -895.9 kDKK, while net earnings were -708.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -44.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CONNECT ACCESSORIES ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit3 341.783 112.85- 237.43601.31290.95
EBIT-1 705.67-1 307.49-3 766.61-2 972.07- 895.91
Net earnings-3 042.79- 653.41-3 716.06-3 689.76- 708.70
Shareholders equity total9 264.088 610.684 894.611 204.851 980.04
Balance sheet total (assets)27 642.3622 269.6722 701.258 650.075 853.03
Net debt13 959.886 902.6110 419.036 092.083 162.95
Profitability
EBIT-%
ROA-1.9 %-1.3 %-14.5 %-19.0 %-3.9 %
ROE-30.0 %-7.3 %-55.0 %-121.0 %-44.5 %
ROI-9.2 %-1.6 %-19.7 %-25.0 %-4.2 %
Economic value added (EVA)-2 919.54-2 548.59-4 538.34-3 743.73-1 268.44
Solvency
Equity ratio33.5 %38.7 %21.6 %13.9 %33.8 %
Gearing151.1 %98.7 %213.7 %545.6 %181.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.10.70.81.4
Current ratio2.32.51.51.01.4
Cash and cash equivalents34.091 598.6642.77481.38425.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-3.89%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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