SPORTS CONNECTION ApS — Credit Rating and Financial Key Figures

CVR number: 18133881
Kvaglundvej 89, 6705 Esbjerg Ø
post@sportsconnection.dk
tel: 75101980
www.skechers.dk

Company information

Official name
SPORTS CONNECTION ApS
Personnel
73 persons
Established
1994
Company form
Private limited company
Industry

About SPORTS CONNECTION ApS

SPORTS CONNECTION ApS (CVR number: 18133881) is a company from ESBJERG. The company reported a net sales of 538.5 mDKK in 2024, demonstrating a decline of -4.8 % compared to the previous year. The operating profit percentage was at 17.2 % (EBIT: 92.5 mDKK), while net earnings were 76.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SPORTS CONNECTION ApS's liquidity measured by quick ratio was 5.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales530.92565.47538.49
Gross profit83.34133.15183.20186.45139.82
EBIT38.9095.71138.31142.4392.46
Net earnings42.1478.59110.75110.0176.74
Shareholders equity total67.09105.75142.43255.19332.39
Balance sheet total (assets)103.94136.44289.09319.85402.81
Net debt-40.83- 170.29
Profitability
EBIT-%26.1 %25.2 %17.2 %
ROA32.8 %79.6 %65.0 %48.0 %27.2 %
ROE72.6 %90.9 %89.2 %55.3 %26.1 %
ROI36.0 %79.6 %65.0 %49.2 %29.2 %
Economic value added (EVA)33.2992.34133.00102.9456.78
Solvency
Equity ratio100.0 %100.0 %100.0 %79.8 %82.5 %
Gearing18.7 %10.1 %
Relative net indebtedness %-4.6 %-25.3 %
Liquidity
Quick ratio3.35.5
Current ratio4.85.7
Cash and cash equivalents88.52204.00
Capital use efficiency
Trade debtors turnover (days)11.315.7
Net working capital %41.8 %58.7 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.5%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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