2MG Holding II ApS — Credit Rating and Financial Key Figures

CVR number: 40370544
Marslevvej 5, 2770 Kastrup
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Credit rating

Company information

Official name
2MG Holding II ApS
Established
2019
Company form
Private limited company
Industry

About 2MG Holding II ApS

2MG Holding II ApS (CVR number: 40370544) is a company from TÅRNBY. The company recorded a gross profit of -6.8 kDKK in 2024. The operating profit was -6.8 kDKK, while net earnings were -3809.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 2MG Holding II ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.47-7.22-7.29-6.97-6.81
EBIT-8.47-7.22-7.29-6.97-6.81
Net earnings2 556.89572.332 922.47912.65-3 809.26
Shareholders equity total77 868.5078 340.8380 571.0680 938.8676 111.93
Balance sheet total (assets)77 965.8978 433.0580 744.5381 108.2476 281.19
Net debt- 494.46- 304.95- 252.97-1 528.51- 454.96
Profitability
EBIT-%
ROA3.3 %0.7 %3.7 %1.2 %5.2 %
ROE3.3 %0.7 %3.7 %1.1 %-4.9 %
ROI3.3 %0.7 %3.7 %1.2 %-4.8 %
Economic value added (EVA)-3 862.26-3 920.37-3 943.92-4 054.09-4 074.04
Solvency
Equity ratio99.9 %99.9 %99.8 %99.8 %99.8 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.118.122.99.02.7
Current ratio12.118.122.99.02.7
Cash and cash equivalents499.63304.95252.971 528.51454.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:5.16%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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