Twoday Holding Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Twoday Holding Denmark ApS
Twoday Holding Denmark ApS (CVR number: 43263439K) is a company from KØBENHAVN. The company reported a net sales of 387.9 mEUR in 2024, demonstrating a growth of 8.5 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 15.8 mEUR), while net earnings were -37 mEUR. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Twoday Holding Denmark 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.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 87.75 | 357.50 | 387.94 |
Gross profit | 66.95 | 280.38 | 311.28 |
EBIT | -4.44 | 10.60 | 15.83 |
Net earnings | -14.46 | -35.51 | -37.03 |
Shareholders equity total | 328.79 | 293.74 | 260.54 |
Balance sheet total (assets) | 917.99 | 962.26 | 1 021.09 |
Net debt | 419.08 | 483.00 | 505.32 |
Profitability | |||
EBIT-% | -5.1 % | 3.0 % | 4.1 % |
ROA | -0.3 % | 1.6 % | 1.8 % |
ROE | -4.4 % | -11.4 % | -13.4 % |
ROI | -0.4 % | 1.9 % | 2.0 % |
Economic value added (EVA) | -4.53 | -29.70 | -25.52 |
Solvency | |||
Equity ratio | 35.8 % | 30.5 % | 25.5 % |
Gearing | 137.4 % | 172.1 % | 204.9 % |
Relative net indebtedness % | 634.1 % | 180.7 % | 188.7 % |
Liquidity | |||
Quick ratio | 1.0 | 1.0 | 0.7 |
Current ratio | 1.0 | 1.0 | 0.7 |
Cash and cash equivalents | 32.80 | 22.64 | 28.58 |
Capital use efficiency | |||
Trade debtors turnover (days) | 237.2 | 72.3 | 60.6 |
Net working capital % | -1.6 % | 0.2 % | -10.3 % |
Credit risk | |||
Credit rating | AA | AA | AA |
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