Connect365 ApS — Credit Rating and Financial Key Figures

CVR number: 38351222
Duftrankevej 21, 5200 Odense V
info@connect365.dk
tel: 74441076
connect365.dk

Credit rating

Company information

Official name
Connect365 ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Connect365 ApS

Connect365 ApS (CVR number: 38351222) is a company from ODENSE. The company recorded a gross profit of 35.9 kDKK in 2023. The operating profit was 35.9 kDKK, while net earnings were 35 kDKK. The profitability of the company measured by Return on Assets (ROA) was 88.6 %, which can be considered excellent and Return on Equity (ROE) was 125.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. Connect365 ApS's liquidity measured by quick ratio was 2.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales44.24
Gross profit6.1810.21-23.3435.93
EBIT-5.62-2.17-0.89-23.3935.93
Net earnings-4.18-2.33-0.97-23.6235.01
Shareholders equity total-12.13-14.4523.58-0.0434.97
Balance sheet total (assets)28.380.4438.4120.6660.38
Net debt24.5014.90-25.41-7.66-47.38
Profitability
EBIT-%-4.9 %
ROA-12.9 %-7.8 %-3.3 %-79.1 %88.6 %
ROE-12.5 %-16.1 %-8.1 %-106.8 %125.9 %
ROI-13.6 %-7.8 %-3.5 %-95.0 %118.6 %
Economic value added (EVA)-3.02-0.70-0.11-22.6536.56
Solvency
Equity ratio-29.9 %-97.0 %61.4 %-0.2 %57.9 %
Gearing-334.0 %-103.1 %54.4 %-31268.3 %36.7 %
Relative net indebtedness %33.7 %
Liquidity
Quick ratio0.40.02.61.02.4
Current ratio0.40.02.61.02.4
Cash and cash equivalents16.0038.2320.4860.20
Capital use efficiency
Trade debtors turnover (days)1.5
Net working capital %-32.7 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:88.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.9%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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