Coonect Aps — Credit Rating and Financial Key Figures

Coonect Aps (CVR number: 30898656) is a company from FREDERIKSSUND. The company recorded a gross profit of 12.3 kDKK in 2023. The operating profit was -4489.7 kDKK, while net earnings were -3519.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -118.4 %, which can be considered poor and Return on Equity (ROE) was -199.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -69.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Coonect Aps's liquidity measured by quick ratio was 1.2 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.