Conect Insurance Agency ApS — Credit Rating and Financial Key Figures

CVR number: 36053593
Lavgade 50, 6200 Aabenraa
conect@conectforsikring.dk
tel: 42907800
www.conectforsikring.dk

Credit rating

Company information

Official name
Conect Insurance Agency ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Conect Insurance Agency ApS

Conect Insurance Agency ApS (CVR number: 36053593) is a company from AABENRAA. The company recorded a gross profit of 5138.6 kDKK in 2024. The operating profit was 3378.7 kDKK, while net earnings were 2647.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 98.8 %, which can be considered excellent and Return on Equity (ROE) was 135.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. Conect Insurance Agency ApS's liquidity measured by quick ratio was 3.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 132.961 090.38980.501 743.985 138.65
EBIT310.4036.5641.33383.253 378.70
Net earnings227.1511.330.83254.952 647.07
Shareholders equity total364.19375.52376.35631.303 278.37
Balance sheet total (assets)1 769.311 674.501 658.911 675.545 197.42
Net debt806.79442.01701.43349.77- 857.22
Profitability
EBIT-%
ROA19.0 %2.3 %2.5 %23.0 %98.8 %
ROE90.6 %3.1 %0.2 %50.6 %135.4 %
ROI23.8 %2.9 %3.1 %27.6 %129.7 %
Economic value added (EVA)241.4812.5533.76280.582 610.90
Solvency
Equity ratio20.6 %22.4 %22.7 %37.7 %63.1 %
Gearing253.7 %177.6 %200.3 %80.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.81.01.53.6
Current ratio0.60.81.01.53.6
Cash and cash equivalents117.13224.9052.36155.04857.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:98.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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