BifrostConnect Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40192646
Digevej 114, 2300 København S
mikkel@bifrostconnect.com
tel: 24803018

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 -14.9 kDKK in 2023. The operating profit was -14.9 kDKK, while net earnings were -13.8 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 65.7 %, 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 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-9.50-7.70-5.84-20.02-14.87
EBIT-9.50-7.70-7.76-98.80-14.87
Net earnings-9.50-7.70-7.63-97.77-13.83
Shareholders equity total2 290.502 282.8017 275.1817 177.4125 153.46
Balance sheet total (assets)7 753.0013 201.0630 297.4430 009.3338 302.72
Net debt5 437.0010 874.4512 998.7312 818.4813 131.78
Profitability
EBIT-%
ROA-0.1 %-0.1 %-0.0 %-0.3 %-0.0 %
ROE-0.4 %-0.3 %-0.1 %-0.6 %-0.1 %
ROI-0.1 %-0.1 %-0.0 %-0.3 %-0.0 %
Economic value added (EVA)-9.50-6.31151.8460.99149.28
Solvency
Equity ratio29.5 %17.3 %57.0 %57.2 %65.7 %
Gearing238.2 %478.0 %75.3 %74.7 %52.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.44.82.71.21.6
Current ratio2.44.82.71.21.6
Cash and cash equivalents18.0036.3017.036.9510.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.04%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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