NeedIt Two ApS — Credit Rating and Financial Key Figures

CVR number: 39019485
Kronprinsessegade 46 E, 1306 København K

Company information

Official name
NeedIt Two ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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)2 965.093 243.504 416.254 480.055 031.40
Net debt6 752.327 417.629 664.8111 193.1213 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 ratio3.42.13.44.41.2
Current ratio3.42.13.44.41.2
Cash and cash equivalents499.95570.60535.57411.23447.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-17.7%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-66.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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