UCONNECT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About UCONNECT ApS
UCONNECT ApS (CVR number: 29625964) is a company from AALBORG. The company recorded a gross profit of 372.8 kDKK in 2023. The operating profit was -17.2 kDKK, while net earnings were -17.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -18.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.3 %, 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. UCONNECT ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 711.95 | 669.48 | 400.95 | 422.97 | 372.75 |
EBIT | 146.13 | 80.17 | - 106.76 | -19.55 | -17.18 |
Net earnings | 102.04 | 48.39 | -97.13 | -24.61 | -17.20 |
Shareholders equity total | 315.02 | 293.41 | 126.28 | 101.67 | 84.47 |
Balance sheet total (assets) | 867.88 | 953.48 | 651.89 | 427.41 | 320.62 |
Net debt | - 441.31 | - 379.90 | -55.41 | - 106.60 | -7.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.1 % | 8.8 % | -13.3 % | -3.6 % | -4.6 % |
ROE | 34.1 % | 15.9 % | -46.3 % | -21.6 % | -18.5 % |
ROI | 37.5 % | 20.0 % | -32.3 % | -7.8 % | -7.5 % |
Economic value added (EVA) | 123.78 | 72.21 | -75.47 | -12.54 | -7.41 |
Solvency | |||||
Equity ratio | 36.3 % | 30.8 % | 19.4 % | 23.8 % | 26.3 % |
Gearing | 24.6 % | 26.3 % | 109.9 % | 132.6 % | 159.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.0 | 0.8 | 1.3 | 1.4 |
Current ratio | 1.4 | 1.0 | 0.8 | 1.3 | 1.4 |
Cash and cash equivalents | 518.73 | 457.10 | 194.23 | 241.42 | 142.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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