2-CONNECT ApS — Credit Rating and Financial Key Figures

CVR number: 20036184
Lene Haus Vej 9, 7430 Ikast
ban@2-connect.dk
tel: 97157777
www.2-connect.dk

Credit rating

Company information

Official name
2-CONNECT ApS
Personnel
46 persons
Established
1997
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About 2-CONNECT ApS

2-CONNECT ApS (CVR number: 20036184) is a company from IKAST-BRANDE. The company recorded a gross profit of 89.9 mDKK in 2023. The operating profit was 58.4 mDKK, while net earnings were 46.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 49.3 %, which can be considered excellent and Return on Equity (ROE) was 75.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. 2-CONNECT ApS's liquidity measured by quick ratio was 1.9 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
20192020202120222023
Volume
Net sales
Gross profit45 949.3077 605.3089 866.46
EBIT20 583.9448 175.2858 403.42
Net earnings15 555.8137 997.6146 102.11
Shareholders equity total18 035.8957 646.1063 842.28
Balance sheet total (assets)53 118.49116 056.87123 954.77
Net debt10 042.91-30 995.201 495.95
Profitability
EBIT-%
ROA33.1 %42.0 %49.3 %
ROE82.9 %65.9 %75.9 %
ROI60.6 %83.5 %93.0 %
Economic value added (EVA)15 574.35- 750.5737 513.3044 263.84
Solvency
Equity ratio34.0 %49.7 %51.5 %
Gearing72.9 %1.2 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.71.9
Current ratio1.51.92.0
Cash and cash equivalents3 099.1031 689.113 611.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingACBAA

Variable visualization

ROA:49.3%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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