GLOBALCONNECT A/S — Credit Rating and Financial Key Figures

GLOBALCONNECT A/S (CVR number: 26759722K) is a company from KØBENHAVN. The company reported a net sales of 606.8 mDKK in 2016, demonstrating a growth of 13 % compared to the previous year. The operating profit percentage was at 16.6 % (EBIT: 100.5 mDKK), while net earnings were 38.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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. GLOBALCONNECT A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.