2IEN MALER & SPARTELFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 29603146
Nørrebrogade 131, 7000 Fredericia
info@ien.dk
tel: 64433980

Company information

Official name
2IEN MALER & SPARTELFIRMA ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About 2IEN MALER & SPARTELFIRMA ApS

2IEN MALER & SPARTELFIRMA ApS (CVR number: 29603146) is a company from FREDERICIA. The company recorded a gross profit of 235.4 kDKK in 2024. The operating profit was -279.6 kDKK, while net earnings were -230.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.7 %, which can be considered poor and Return on Equity (ROE) was -86.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 2IEN MALER & SPARTELFIRMA ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 324.52503.34227.58444.36235.43
EBIT805.24- 143.60- 166.8058.08- 279.57
Net earnings621.28- 125.44- 128.9827.77- 230.94
Shareholders equity total843.49218.0489.07116.84- 114.11
Balance sheet total (assets)1 551.87732.44502.94692.47415.87
Net debt-1 039.5196.51261.0981.43358.12
Profitability
EBIT-%
ROA48.8 %-12.6 %-27.0 %9.7 %-45.7 %
ROE60.2 %-23.6 %-84.0 %27.0 %-86.7 %
ROI77.9 %-19.8 %-31.3 %11.6 %-57.7 %
Economic value added (EVA)564.96- 157.46- 147.2417.19- 245.01
Solvency
Equity ratio54.4 %29.8 %17.7 %16.9 %-21.5 %
Gearing0.1 %175.0 %422.3 %359.0 %-378.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.90.80.50.80.4
Current ratio2.11.10.91.00.6
Cash and cash equivalents1 040.18285.01115.04338.0773.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-45.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-21.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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