Two Socks V ApS — Credit Rating and Financial Key Figures

Two Socks V ApS (CVR number: 41599251) is a company from SLAGELSE. The company recorded a gross profit of 1464.5 kDKK in 2023. The operating profit was 395 kDKK, while net earnings were 285 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Two Socks V ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.