2WATER ApS — Credit Rating and Financial Key Figures

CVR number: 33599692
Fuglesangsalle 16, 6600 Vejen
2water@2water.dk
tel: 74252599
www.2water.dk

Credit rating

Company information

Official name
2WATER ApS
Personnel
16 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About 2WATER ApS

2WATER ApS (CVR number: 33599692) is a company from VEJEN. The company recorded a gross profit of 13.4 mDKK in 2024. The operating profit was 3659.8 kDKK, while net earnings were 2317.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. 2WATER ApS's liquidity measured by quick ratio was 1.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 594.5812 334.5214 004.198 264.3313 352.42
EBIT- 711.852 402.732 221.62-1 773.993 659.79
Net earnings- 790.041 540.011 251.08-1 833.332 317.54
Shareholders equity total2 902.004 442.015 693.103 859.766 177.30
Balance sheet total (assets)10 256.3417 650.8219 761.7714 160.8019 373.00
Net debt2 147.882 358.543 254.261 901.39- 933.41
Profitability
EBIT-%
ROA-7.2 %17.3 %11.9 %-10.5 %21.8 %
ROE-24.0 %41.9 %24.7 %-38.4 %46.2 %
ROI-13.4 %38.4 %25.8 %-21.9 %53.7 %
Economic value added (EVA)- 754.431 695.871 464.77-1 681.752 651.47
Solvency
Equity ratio28.3 %25.2 %33.3 %34.5 %31.9 %
Gearing74.0 %53.1 %57.2 %49.3 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.41.51.4
Current ratio1.21.31.31.31.5
Cash and cash equivalents983.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board

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