R-Connect A/S — Credit Rating and Financial Key Figures

CVR number: 39808773
Hallandsvej 5, 6230 Rødekro

Company information

Official name
R-Connect A/S
Personnel
46 persons
Established
2018
Company form
Limited company
Industry

About R-Connect A/S

R-Connect A/S (CVR number: 39808773) is a company from AABENRAA. The company recorded a gross profit of 19.5 mDKK in 2021. The operating profit was 2411.5 kDKK, while net earnings were 1488.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent but Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -6.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. R-Connect 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
Volume
Net sales
Gross profit11 787.1217 172.0419 481.90
EBIT-3 573.721 597.112 411.54
Net earnings-3 757.28706.091 488.07
Shareholders equity total-3 257.28-2 551.18-1 063.11
Balance sheet total (assets)3 557.818 085.2715 513.69
Net debt- 531.98- 120.92- 535.26
Profitability
EBIT-%
ROA-52.4 %18.3 %17.7 %
ROE-105.6 %12.1 %12.6 %
ROI
Economic value added (EVA)-3 573.721 787.522 545.81
Solvency
Equity ratio-47.8 %-24.0 %-6.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.6
Current ratio0.50.60.9
Cash and cash equivalents531.98120.92535.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.41%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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