ON Connect ApS — Credit Rating and Financial Key Figures

CVR number: 44088754
Vølundsvej 5 A, 3600 Frederikssund
oliver@onconnect.dk

Credit rating

Company information

Official name
ON Connect ApS
Personnel
10 persons
Established
2023
Company form
Private limited company
Industry
  • Expand more icon42Civil engineering

About ON Connect ApS

ON Connect ApS (CVR number: 44088754) is a company from FREDERIKSSUND. The company recorded a gross profit of 4221.6 kDKK in 2024. The operating profit was 613 kDKK, while net earnings were 448.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. ON Connect ApS's liquidity measured by quick ratio was 1.7 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
2023
2024
Volume
Net sales
Gross profit3 307.344 221.56
EBIT689.61613.03
Net earnings524.92448.49
Shareholders equity total965.351 352.84
Balance sheet total (assets)2 018.372 630.29
Net debt- 474.10- 569.52
Profitability
EBIT-%
ROA34.2 %26.4 %
ROE54.4 %38.7 %
ROI65.9 %49.7 %
Economic value added (EVA)529.96435.91
Solvency
Equity ratio47.8 %51.4 %
Gearing0.8 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.7
Current ratio1.61.7
Cash and cash equivalents481.51573.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:26.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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