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
48 persons
Established
1997
Company form
Private limited company
Industry

About 2-CONNECT ApS

2-CONNECT ApS (CVR number: 20036184) is a company from IKAST-BRANDE. The company reported a net sales of 1630.9 mDKK in 2024, demonstrating a growth of 45.4 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 88.6 mDKK), while net earnings were 69.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 57.6 %, which can be considered excellent and Return on Equity (ROE) was 91.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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 1.8 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
2023
2024
Volume
Net sales1 121 612.151 630 885.04
Gross profit89 866.46124 913.06
EBIT58 403.4288 621.60
Net earnings46 102.1169 407.49
Shareholders equity total63 842.2888 546.03
Balance sheet total (assets)123 954.77186 646.58
Net debt1 495.95-32 564.86
Profitability
EBIT-%5.2 %5.4 %
ROA47.8 %57.6 %
ROE72.2 %91.1 %
ROI85.9 %113.4 %
Economic value added (EVA)-1 576.5245 479.5765 538.97
Solvency
Equity ratio51.5 %47.4 %
Gearing8.0 %0.3 %
Relative net indebtedness %5.0 %4.0 %
Liquidity
Quick ratio1.91.8
Current ratio2.01.9
Cash and cash equivalents3 611.7732 816.26
Capital use efficiency
Trade debtors turnover (days)31.429.4
Net working capital %5.4 %5.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:57.6%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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