Connect-Invest IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Connect-Invest IVS
Connect-Invest IVS (CVR number: 37364606) is a company from AABENRAA. The company reported a net sales of 0.2 mDKK in 2019, demonstrating a decline of -15.7 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0 mDKK), while net earnings were 6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Connect-Invest IVS's liquidity measured by quick ratio was 10 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 109.98 | 345.12 | 260.02 | 219.30 |
Gross profit | 83.92 | 205.52 | 101.31 | 74.36 |
EBIT | 83.92 | 189.52 | 85.31 | 24.77 |
Net earnings | 65.46 | 138.28 | 52.14 | 6.24 |
Shareholders equity total | 66.46 | 204.73 | 196.88 | 203.11 |
Balance sheet total (assets) | 96.74 | 248.05 | 266.75 | 223.47 |
Net debt | -68.73 | - 193.24 | - 196.88 | - 173.30 |
Profitability | ||||
EBIT-% | 76.3 % | 54.9 % | 32.8 % | 11.3 % |
ROA | 86.7 % | 109.9 % | 33.1 % | 10.1 % |
ROE | 98.5 % | 102.0 % | 26.0 % | 3.1 % |
ROI | 88.8 % | 119.8 % | 36.3 % | 10.9 % |
Economic value added (EVA) | 65.46 | 141.04 | 54.93 | 22.68 |
Solvency | ||||
Equity ratio | 68.7 % | 82.5 % | 73.8 % | 90.9 % |
Gearing | 42.1 % | 8.3 % | 26.1 % | 2.0 % |
Relative net indebtedness % | -60.4 % | -48.4 % | -68.6 % | -71.6 % |
Liquidity | ||||
Quick ratio | 3.2 | 5.7 | 3.8 | 10.0 |
Current ratio | 3.2 | 5.7 | 3.8 | 10.0 |
Cash and cash equivalents | 96.74 | 210.31 | 248.19 | 177.36 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 33.1 | 26.1 | 44.1 | |
Net working capital % | 60.4 % | 59.3 % | 75.7 % | 83.7 % |
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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