2care4 Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2care4 Group ApS
2care4 Group ApS (CVR number: 30526872K) is a company from ESBJERG. The company reported a net sales of 1458.6 mDKK in 2024, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 68.6 mDKK), while net earnings were 36 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. 2care4 Group ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 943.64 | 1 025.71 | 1 374.84 | 1 410.26 | 1 458.55 |
Gross profit | 135.43 | 140.21 | 251.74 | 283.69 | 254.00 |
EBIT | 32.39 | 20.35 | 98.65 | 115.20 | 68.58 |
Net earnings | 21.76 | 11.66 | 67.22 | 72.19 | 36.03 |
Shareholders equity total | 109.64 | 101.19 | 148.17 | 187.85 | 182.13 |
Balance sheet total (assets) | 441.83 | 496.59 | 633.06 | 585.43 | 654.76 |
Net debt | 226.05 | 305.96 | |||
Profitability | |||||
EBIT-% | 3.4 % | 2.0 % | 7.2 % | 8.2 % | 4.7 % |
ROA | 7.6 % | 4.3 % | 17.5 % | 19.1 % | 11.4 % |
ROE | 21.5 % | 11.1 % | 53.9 % | 43.0 % | 19.5 % |
ROI | 7.6 % | 4.3 % | 17.5 % | 21.3 % | 14.2 % |
Economic value added (EVA) | 27.75 | 14.84 | 93.57 | 79.88 | 44.49 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.1 % | 27.8 % |
Gearing | 129.3 % | 181.0 % | |||
Relative net indebtedness % | 25.2 % | 28.9 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 1.3 | 1.2 | |||
Cash and cash equivalents | 16.82 | 23.70 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.0 | 48.7 | |||
Net working capital % | 8.6 % | 7.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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