Connect Group Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37402435
Bredgade 25, 1260 København K

Credit rating

Company information

Official name
Connect Group Holding ApS
Established
2016
Company form
Private limited company
Industry

About Connect Group Holding ApS

Connect Group Holding ApS (CVR number: 37402435) is a company from KØBENHAVN. The company recorded a gross profit of -133.5 kDKK in 2024. The operating profit was -908.2 kDKK, while net earnings were 513.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.3 %, 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. Connect Group Holding ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit-12.10-45.90-58.45- 177.88- 133.52
EBIT-33.82-69.99- 115.08- 260.61- 908.18
Net earnings504.813 438.50754.79296.69513.85
Shareholders equity total852.523 678.024 318.414 497.302 356.14
Balance sheet total (assets)2 349.436 260.325 179.695 184.003 257.10
Net debt1 266.341 141.52507.09474.91781.42
Profitability
EBIT-%
ROA33.2 %80.2 %14.1 %5.2 %12.2 %
ROE60.0 %151.8 %18.9 %6.7 %15.0 %
ROI35.1 %95.6 %16.2 %5.4 %12.6 %
Economic value added (EVA)-68.24- 169.02- 383.62- 451.50-1 110.78
Solvency
Equity ratio36.3 %58.8 %83.4 %86.8 %72.3 %
Gearing155.4 %37.3 %14.1 %10.9 %33.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.72.72.30.9
Current ratio0.30.72.72.30.9
Cash and cash equivalents58.26230.15102.9115.090.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.3%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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