BifrostConnect Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40192646
Islands Brygge 55, 2300 København S
mikkel@bifrostconnect.com
tel: 24803018

Credit rating

Company information

Official name
BifrostConnect Holding ApS
Established
2019
Company form
Private limited company
Industry

About BifrostConnect Holding ApS

BifrostConnect Holding ApS (CVR number: 40192646) is a company from KØBENHAVN. The company recorded a gross profit of -17.3 kDKK in 2024. The operating profit was -17.3 kDKK, while net earnings were -17.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. BifrostConnect Holding ApS's liquidity measured by quick ratio was 154.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.70-5.84-20.02-14.87-17.27
EBIT-7.70-7.76-98.80-14.87-17.27
Net earnings-7.70-7.63-97.77-13.83-17.27
Shareholders equity total2 282.8017 275.1817 177.4125 153.4638 192.78
Balance sheet total (assets)13 201.0630 297.4430 009.3338 302.7251 739.67
Net debt10 874.4512 998.7312 818.4813 131.7812 239.12
Profitability
EBIT-%
ROA-0.1 %-0.0 %-0.3 %-0.0 %-0.0 %
ROE-0.3 %-0.1 %-0.6 %-0.1 %-0.1 %
ROI-0.1 %-0.0 %-0.3 %-0.0 %-0.0 %
Economic value added (EVA)- 396.91- 670.43-1 619.83-1 521.47-1 941.62
Solvency
Equity ratio17.3 %57.0 %57.2 %65.7 %73.8 %
Gearing478.0 %75.3 %74.7 %52.2 %35.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.82.71.21.6154.7
Current ratio4.82.71.21.6154.7
Cash and cash equivalents36.3017.036.9510.381 299.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-0.04%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer
Board member

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