2xP 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40300996
Bolbrovej 28, 2770 Kastrup
info@2-xp.dk
tel: 25756020

Company information

Official name
2xP 2019 ApS
Established
2019
Company form
Private limited company
Industry

About 2xP 2019 ApS

2xP 2019 ApS (CVR number: 40300996) is a company from TÅRNBY. The company recorded a gross profit of 667.1 kDKK in 2023. The operating profit was 1018.6 kDKK, while net earnings were 139.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. 2xP 2019 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit9.96145.61241.37189.91667.15
EBIT2 000.91832.98241.372 937.431 018.58
Net earnings1 342.66597.38106.522 138.94139.18
Shareholders equity total3 342.663 940.044 046.576 185.516 324.68
Balance sheet total (assets)10 749.2310 318.6815 294.6428 228.8128 862.05
Net debt6 750.474 903.5210 507.2417 315.0220 822.92
Profitability
EBIT-%
ROA18.6 %7.9 %1.9 %13.5 %3.6 %
ROE40.2 %16.4 %2.7 %41.8 %2.2 %
ROI18.9 %8.0 %1.9 %13.6 %3.6 %
Economic value added (EVA)1 558.41155.96- 230.661 603.03-95.98
Solvency
Equity ratio31.1 %38.2 %26.5 %21.9 %21.9 %
Gearing204.6 %148.4 %261.3 %335.7 %332.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.80.10.60.3
Current ratio0.21.80.10.60.3
Cash and cash equivalents87.87943.7064.813 451.01172.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.59%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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