2-CONNECT ApS — Credit Rating and Financial Key Figures

CVR number: 20036184
Lene Haus Vej 9, 7430 Ikast
ban@2-connect.dk
tel: 97157777
www.2-connect.dk

Credit rating

Company information

Official name
2-CONNECT ApS
Personnel
48 persons
Established
1997
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 121 612.151 630 899.17
Gross profit90 540.27127 933.01
EBIT18 515.5745 574.8648 766.5658 518.0691 484.91
Net earnings14 304.8735 375.1437 997.6146 102.1169 407.49
Shareholders equity total32 340.7653 708.4157 646.1063 842.2888 546.03
Balance sheet total (assets)52 245.92112 657.76116 226.62124 228.94186 864.09
Net debt- 248.74-33 248.53
Profitability
EBIT-%5.2 %5.6 %
ROA42.6 %49.3 %59.2 %
ROE68.2 %75.9 %91.1 %
ROI42.6 %64.0 %116.9 %
Economic value added (EVA)18 515.5743 949.7446 067.7242 599.7967 733.34
Solvency
Equity ratio100.0 %51.4 %47.4 %
Gearing8.0 %0.2 %
Relative net indebtedness %4.9 %4.0 %
Liquidity
Quick ratio1.91.9
Current ratio2.01.9
Cash and cash equivalents5 356.4633 443.31
Capital use efficiency
Trade debtors turnover (days)31.429.6
Net working capital %5.5 %5.3 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:59.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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