SPORTS CONNECTION ApS
Credit rating
Company information
46Wholesale trade, except of motor vehicles and motorcycles
About SPORTS CONNECTION ApS
SPORTS CONNECTION ApS (CVR number: 18133881) is a company from ESBJERG. The company reported a net sales of 565.5 mDKK in 2023, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was at 25.2 % (EBIT: 142.4 mDKK), while net earnings were 110 mDKK. The profitability of the company measured by Return on Assets (ROA) was 48 %, which can be considered excellent and Return on Equity (ROE) was 55.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. SPORTS CONNECTION ApS's liquidity measured by quick ratio was 3.3 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 financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 530 918.00 | 565 471.00 | |||
| Gross profit | 62 040.00 | 83 344.00 | 133 152.00 | 183 197.00 | 187 150.00 |
| EBIT | 39 692.00 | 55 376.00 | 100 676.00 | 143 713.00 | 142 427.00 |
| Net earnings | 29 191.00 | 42 144.00 | 78 589.00 | 110 751.00 | 110 013.00 |
| Shareholders equity total | 49 064.00 | 67 088.00 | 105 753.00 | 142 434.00 | 255 186.00 |
| Balance sheet total (assets) | 133 058.00 | 103 945.00 | 136 441.00 | 289 087.00 | 319 850.00 |
| Net debt | 54 258.00 | 2 440.00 | -4 521.00 | 86 116.00 | -40 830.00 |
| Profitability | |||||
| EBIT-% | 27.1 % | 25.2 % | |||
| ROA | 35.3 % | 46.8 % | 84.5 % | 67.6 % | 48.0 % |
| ROE | 56.9 % | 72.6 % | 90.9 % | 89.2 % | 55.3 % |
| ROI | 45.7 % | 58.1 % | 105.0 % | 80.4 % | 53.4 % |
| Economic value added (EVA) | 28 238.55 | 39 290.66 | 75 086.05 | 107 624.33 | 103 338.37 |
| Solvency | |||||
| Equity ratio | 36.9 % | 64.5 % | 77.5 % | 49.3 % | 79.8 % |
| Gearing | 126.3 % | 15.6 % | 7.5 % | 68.2 % | 18.7 % |
| Relative net indebtedness % | 25.0 % | -4.6 % | |||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.1 | 2.2 | 0.7 | 3.3 |
| Current ratio | 2.7 | 2.8 | 4.5 | 1.9 | 4.8 |
| Cash and cash equivalents | 7 722.00 | 8 003.00 | 12 447.00 | 11 089.00 | 88 515.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 17.3 | 11.3 | |||
| Net working capital % | 23.6 % | 41.8 % | |||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.