Connect Capital ApS — Credit Rating and Financial Key Figures

CVR number: 38669737
Jernbanegade 19, 9670 Løgstør

Credit rating

Company information

Official name
Connect Capital ApS
Established
2017
Company form
Private limited company
Industry

About Connect Capital ApS

Connect Capital ApS (CVR number: 38669737) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -5.2 kDKK in 2020. The operating profit was -5.2 kDKK, while net earnings were -22.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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 Capital ApS's liquidity measured by quick ratio was 0.8 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit-7.50-8.30-8.54-5.15
EBIT-7.50-8.30-8.54-5.15
Net earnings-14.80-32.33-38.27-22.33
Shareholders equity total485.20452.88414.61392.28
Balance sheet total (assets)492.701 233.021 210.31694.66
Net debt18.7253.3173.13
Profitability
EBIT-%
ROA-3.3 %-2.3 %-2.0 %-1.5 %
ROE-3.0 %-6.9 %-8.8 %-5.5 %
ROI-3.4 %-2.4 %-2.0 %-1.5 %
Economic value added (EVA)-5.85-6.1832.1735.28
Solvency
Equity ratio98.5 %36.7 %34.3 %56.5 %
Gearing168.9 %189.8 %75.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.00.90.8
Current ratio0.21.00.90.8
Cash and cash equivalents746.42733.64222.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.47%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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