CNCONNECT ApS — Credit Rating and Financial Key Figures

CVR number: 33494521
Bavnevej 61, Tvede 8930 Randers NØ

Credit rating

Company information

Official name
CNCONNECT ApS
Personnel
1 person
Established
2011
Domicile
Tvede
Company form
Private limited company
Industry
  • Expand more icon622000

About CNCONNECT ApS

CNCONNECT ApS (CVR number: 33494521) is a company from RANDERS. The company recorded a gross profit of 700.8 kDKK in 2024. The operating profit was 28.7 kDKK, while net earnings were 2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CNCONNECT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit828.43798.381 165.28793.59700.84
EBIT73.0847.90368.7249.4528.68
Net earnings45.9428.18278.3714.952.53
Shareholders equity total196.59124.77363.14263.09265.63
Balance sheet total (assets)1 033.85974.081 469.421 168.33933.26
Net debt175.9369.44300.26454.34182.08
Profitability
EBIT-%
ROA8.6 %4.8 %30.2 %3.7 %2.7 %
ROE20.5 %17.5 %114.1 %4.8 %1.0 %
ROI18.0 %10.1 %59.7 %6.2 %4.1 %
Economic value added (EVA)47.4923.63282.754.512.62
Solvency
Equity ratio19.0 %12.8 %24.7 %22.5 %28.5 %
Gearing169.7 %200.8 %119.7 %172.7 %124.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.90.70.7
Current ratio0.80.71.21.01.0
Cash and cash equivalents157.62181.06134.47147.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:2.73%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.5%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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