2L HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2L HOLDING A/S
2L HOLDING A/S (CVR number: 21048542K) is a company from KØBENHAVN. The company recorded a gross profit of 55.6 mDKK in 2023. The operating profit was 45.7 mDKK, while net earnings were 159.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2L HOLDING A/S's liquidity measured by quick ratio was 8.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 563.00 | 55 621.00 | |||
EBIT | 27 735.00 | 29 315.00 | 13 052.00 | 863.00 | 45 675.00 |
Net earnings | 23 401.00 | 42 000.00 | 35 983.00 | 1 063.00 | 159 076.00 |
Shareholders equity total | 294 654.00 | 335 820.00 | 321 870.00 | 324 693.00 | 483 611.00 |
Balance sheet total (assets) | 539 097.00 | 614 411.00 | 587 798.00 | 634 534.00 | 728 801.00 |
Net debt | 141 494.00 | 31 212.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 5.1 % | 2.2 % | 1.7 % | 25.8 % |
ROE | 8.0 % | 13.3 % | 10.9 % | 0.3 % | 39.1 % |
ROI | 5.7 % | 5.1 % | 2.2 % | 1.8 % | 29.4 % |
Economic value added (EVA) | 13 383.40 | 14 508.64 | -3 822.95 | -15 432.57 | 22 148.23 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 51.2 % | 66.4 % |
Gearing | 71.1 % | 31.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 8.9 | |||
Current ratio | 6.1 | 9.1 | |||
Cash and cash equivalents | 89 311.00 | 121 612.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AAA | AAA |
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