NeedIt Two ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NeedIt Two ApS
NeedIt Two ApS (CVR number: 39019485) is a company from KØBENHAVN. The company recorded a gross profit of -2441.9 kDKK in 2023. The operating profit was -2458.8 kDKK, while net earnings were -1925.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -40.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -66.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NeedIt Two ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 188.64 | -1 326.29 | -1 005.87 | -1 247.09 | -2 441.90 |
EBIT | -2 275.84 | -1 410.99 | -1 090.58 | -1 331.80 | -2 458.76 |
Net earnings | -1 852.37 | -1 158.52 | - 840.94 | -1 031.40 | -1 925.71 |
Shareholders equity total | -5 111.26 | -6 269.78 | -7 110.71 | -8 142.12 | -10 067.83 |
Balance sheet total (assets) | 2 965.09 | 3 243.50 | 4 416.25 | 4 480.05 | 5 031.40 |
Net debt | 6 752.32 | 7 417.62 | 9 664.81 | 11 193.12 | 13 602.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -34.2 % | -15.8 % | -9.9 % | -11.0 % | -17.7 % |
ROE | -76.6 % | -37.3 % | -22.0 % | -23.2 % | -40.5 % |
ROI | -28.8 % | -18.1 % | -11.4 % | -12.2 % | -19.2 % |
Economic value added (EVA) | -1 613.91 | - 808.75 | - 519.02 | - 636.59 | -1 488.14 |
Solvency | |||||
Equity ratio | -63.3 % | -65.9 % | -61.7 % | -64.5 % | -66.7 % |
Gearing | -141.9 % | -127.4 % | -143.5 % | -142.5 % | -139.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.1 | 3.4 | 4.4 | 1.2 |
Current ratio | 3.4 | 2.1 | 3.4 | 4.4 | 1.2 |
Cash and cash equivalents | 499.95 | 570.60 | 535.57 | 411.23 | 447.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | B | BB |
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