Connect Group Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37402435
Bredgade 25, 1260 København K

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 -177.9 kDKK in 2023. The operating profit was -260.6 kDKK, while net earnings were 296.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Connect Group Holding ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.63-12.10-45.90-58.45- 177.88
EBIT-6.63-33.82-69.99- 115.08- 260.61
Net earnings166.54504.813 438.50754.79296.69
Shareholders equity total829.70852.523 678.024 318.414 497.30
Balance sheet total (assets)837.862 349.436 260.325 179.695 184.00
Net debt-54.011 266.341 141.52507.09474.91
Profitability
EBIT-%
ROA12.0 %33.2 %80.2 %14.1 %5.2 %
ROE15.2 %60.0 %151.8 %18.9 %6.7 %
ROI12.0 %35.1 %95.6 %16.2 %5.4 %
Economic value added (EVA)16.36-20.52-57.62-83.08- 265.17
Solvency
Equity ratio99.0 %36.3 %58.8 %83.4 %86.8 %
Gearing0.4 %155.4 %37.3 %14.1 %10.9 %
Relative net indebtedness %
Liquidity
Quick ratio40.10.30.72.72.3
Current ratio40.10.30.72.72.3
Cash and cash equivalents56.9858.26230.15102.9115.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.16%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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