2-CONNECT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2-CONNECT ApS
2-CONNECT ApS (CVR number: 20036184K) 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 5.6 % (EBIT: 91.5 mDKK), while net earnings were 69.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 59.2 %, 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 1.9 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 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 121 612.15 | 1 630 899.17 | |||
Gross profit | 90 540.27 | 127 933.01 | |||
EBIT | 18 515.57 | 45 574.86 | 48 766.56 | 58 518.06 | 91 484.91 |
Net earnings | 14 304.87 | 35 375.14 | 37 997.61 | 46 102.11 | 69 407.49 |
Shareholders equity total | 32 340.76 | 53 708.41 | 57 646.10 | 63 842.28 | 88 546.03 |
Balance sheet total (assets) | 52 245.92 | 112 657.76 | 116 226.62 | 124 228.94 | 186 864.09 |
Net debt | - 248.74 | -33 248.53 | |||
Profitability | |||||
EBIT-% | 5.2 % | 5.6 % | |||
ROA | 42.6 % | 49.3 % | 59.2 % | ||
ROE | 68.2 % | 75.9 % | 91.1 % | ||
ROI | 42.6 % | 64.0 % | 116.9 % | ||
Economic value added (EVA) | 18 515.57 | 43 949.74 | 46 067.72 | 42 599.79 | 67 733.34 |
Solvency | |||||
Equity ratio | 100.0 % | 51.4 % | 47.4 % | ||
Gearing | 8.0 % | 0.2 % | |||
Relative net indebtedness % | 4.9 % | 4.0 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | |||
Current ratio | 2.0 | 1.9 | |||
Cash and cash equivalents | 5 356.46 | 33 443.31 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.4 | 29.6 | |||
Net working capital % | 5.5 % | 5.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB |
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