CONNECT ME A/S — Credit Rating and Financial Key Figures

CVR number: 27908683
Måløv Byvej 229, 2760 Måløv
info@connect-me.dk
tel: 70201559
www.connect-me.dk

Company information

Official name
CONNECT ME A/S
Personnel
1 person
Established
2004
Company form
Limited company
Industry

About CONNECT ME A/S

CONNECT ME A/S (CVR number: 27908683) is a company from BALLERUP. The company recorded a gross profit of 1492.3 kDKK in 2023. The operating profit was 899.7 kDKK, while net earnings were 698.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.7 %, which can be considered excellent and Return on Equity (ROE) was 57.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. CONNECT ME A/S's liquidity measured by quick ratio was 2.9 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 profit1 100.881 312.151 309.321 354.231 492.30
EBIT464.90636.00750.61765.18899.74
Net earnings353.01474.18586.98593.04698.26
Shareholders equity total937.871 112.051 199.031 192.071 240.33
Balance sheet total (assets)1 509.921 685.291 596.111 750.221 868.59
Net debt-1 233.71-1 432.16-1 365.23-1 506.86-1 612.04
Profitability
EBIT-%
ROA25.6 %39.8 %45.7 %45.7 %49.7 %
ROE29.1 %46.3 %50.8 %49.6 %57.4 %
ROI38.1 %62.1 %65.0 %64.0 %74.0 %
Economic value added (EVA)371.41497.03615.38605.00716.84
Solvency
Equity ratio62.1 %66.0 %75.1 %68.1 %66.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.52.93.93.12.9
Current ratio2.52.93.93.12.9
Cash and cash equivalents1 233.711 432.161 365.231 506.861 612.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:49.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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