Connection Vikar Danmark ApS — Credit Rating and Financial Key Figures

Connection Vikar Danmark ApS (CVR number: 37423432) is a company from AALBORG. The company recorded a gross profit of 31.6 mDKK in 2022. The operating profit was 363 kDKK, while net earnings were 212.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 9.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Connection Vikar Danmark ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.