Credit rating
Company information
About Connect Leasing ApS
Connect Leasing ApS (CVR number: 38885464) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -3.9 kDKK in 2020. The operating profit was -3.9 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Connect Leasing ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.04 | -6.30 | -8.79 | -3.90 | |
EBIT | -10.04 | -6.30 | -8.79 | -3.90 | |
Net earnings | -8.95 | -11.87 | -16.16 | -8.81 | |
Shareholders equity total | 491.06 | 479.18 | 463.02 | 454.20 | |
Balance sheet total (assets) | 496.06 | 844.97 | 835.99 | 830.75 | |
Net debt | -94.95 | - 484.73 | - 464.01 | 55.22 | |
Profitability | |||||
EBIT-% | |||||
ROA | -2.0 % | -0.9 % | -1.0 % | 0.0 % | |
ROE | -1.8 % | -2.4 % | -3.4 % | -1.9 % | |
ROI | -2.0 % | -1.0 % | -1.1 % | 0.0 % | |
Economic value added (EVA) | -8.95 | -24.82 | 11.30 | 15.25 | |
Solvency | |||||
Equity ratio | 99.0 % | 56.7 % | 55.4 % | 54.7 % | |
Gearing | 74.2 % | 78.4 % | 81.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 99.2 | 2.3 | 2.2 | 2.2 | |
Current ratio | 99.2 | 2.3 | 2.2 | 2.2 | |
Cash and cash equivalents | 94.95 | 840.52 | 826.98 | 315.07 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | B | B |
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