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2 M SOLUTIONS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2 M SOLUTIONS ApS
2 M SOLUTIONS ApS (CVR number: 27596398) is a company from GREVE. The company recorded a gross profit of 370 kDKK in 2024. The operating profit was -263.6 kDKK, while net earnings were -148.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 2 M SOLUTIONS ApS's liquidity measured by quick ratio was 13.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 286.32 | 2 210.91 | 1 682.43 | 1 892.74 | 370.02 |
| EBIT | - 349.85 | 1 161.33 | 516.60 | 745.04 | - 263.58 |
| Net earnings | - 237.70 | 890.84 | 445.47 | 642.27 | - 148.62 |
| Shareholders equity total | 4 017.43 | 4 908.27 | 5 353.74 | 5 996.00 | 5 847.38 |
| Balance sheet total (assets) | 4 257.29 | 5 829.96 | 6 167.30 | 6 594.11 | 6 092.85 |
| Net debt | - 269.10 | -1 270.58 | -1 083.88 | -1 472.29 | - 299.82 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -7.9 % | 23.0 % | 9.7 % | 13.1 % | -2.3 % |
| ROE | -5.7 % | 20.0 % | 8.7 % | 11.3 % | -2.5 % |
| ROI | -8.4 % | 26.0 % | 11.3 % | 14.7 % | -2.5 % |
| Economic value added (EVA) | - 451.21 | 693.94 | 152.54 | 302.91 | - 566.71 |
| Solvency | |||||
| Equity ratio | 94.4 % | 84.2 % | 86.8 % | 90.9 % | 96.0 % |
| Gearing | 0.1 % | 0.0 % | 0.6 % | 0.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.8 | 3.2 | 4.2 | 6.4 | 13.7 |
| Current ratio | 5.8 | 3.2 | 4.2 | 6.4 | 13.7 |
| Cash and cash equivalents | 271.88 | 1 270.58 | 1 085.53 | 1 508.74 | 330.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | BBB |
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