2-CONNECT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 1 121 612.15 | 1 630 885.04 | ||
Gross profit | 89 866.46 | 124 913.06 | ||
EBIT | 58 403.42 | 88 621.60 | ||
Net earnings | 46 102.11 | 69 407.49 | ||
Shareholders equity total | 63 842.28 | 88 546.03 | ||
Balance sheet total (assets) | 123 954.77 | 186 646.58 | ||
Net debt | 1 495.95 | -32 564.86 | ||
Profitability | ||||
EBIT-% | 5.2 % | 5.4 % | ||
ROA | 47.8 % | 57.6 % | ||
ROE | 72.2 % | 91.1 % | ||
ROI | 85.9 % | 113.4 % | ||
Economic value added (EVA) | -1 576.52 | 45 479.57 | 65 538.97 | |
Solvency | ||||
Equity ratio | 51.5 % | 47.4 % | ||
Gearing | 8.0 % | 0.3 % | ||
Relative net indebtedness % | 5.0 % | 4.0 % | ||
Liquidity | ||||
Quick ratio | 1.9 | 1.8 | ||
Current ratio | 2.0 | 1.9 | ||
Cash and cash equivalents | 3 611.77 | 32 816.26 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 31.4 | 29.4 | ||
Net working capital % | 5.4 % | 5.2 % | ||
Credit risk | ||||
Credit rating | BB | BB | BBB | BBB |
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