B CONNECT ApS — Credit Rating and Financial Key Figures

CVR number: 30246098
Roarsvej 23, 8230 Åbyhøj

Credit rating

Company information

Official name
B CONNECT ApS
Established
2007
Company form
Private limited company
Industry

About B CONNECT ApS

B CONNECT ApS (CVR number: 30246098) is a company from AARHUS. The company recorded a gross profit of 79.3 kDKK in 2024. The operating profit was 265.8 kDKK, while net earnings were -2062.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was -172.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. B CONNECT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit305.00260.00102.00-80.0079.29
EBIT756.00754.00206.00-80.00265.84
Net earnings640.00806.00-66.00147.00-2 062.64
Shareholders equity total1 340.002 146.002 079.002 226.00163.53
Balance sheet total (assets)13 452.0011 948.0015 226.0016 608.0016 358.83
Net debt6 720.002 674.003 204.002 829.005 831.67
Profitability
EBIT-%
ROA10.1 %13.7 %7.5 %8.8 %6.7 %
ROE62.7 %46.2 %-3.1 %6.8 %-172.6 %
ROI12.4 %15.5 %7.5 %8.8 %6.7 %
Economic value added (EVA)581.10659.12390.95320.33649.19
Solvency
Equity ratio8.2 %18.0 %13.7 %13.4 %1.0 %
Gearing679.6 %438.8 %620.3 %622.1 %9897.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.70.80.80.7
Current ratio0.20.70.80.80.7
Cash and cash equivalents2 387.006 743.009 692.0011 019.0010 353.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:6.67%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.00%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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