4x2 ApS
Credit rating
Company information
About 4x2 ApS
4x2 ApS (CVR number: 38517767) is a company from SVENDBORG. The company recorded a gross profit of -87.5 kDKK in 2023. The operating profit was -188.7 kDKK, while net earnings were -206.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.7 %, which can be considered poor and Return on Equity (ROE) was -353.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -65.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 4x2 ApS's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 112.12 | 319.41 | 395.62 | 273.66 | -87.50 |
EBIT | 38.95 | 12.72 | 1.34 | -33.33 | - 188.71 |
Net earnings | 33.94 | 4.91 | -4.75 | -32.40 | - 206.38 |
Shareholders equity total | 49.60 | 54.50 | 49.76 | 17.36 | - 189.03 |
Balance sheet total (assets) | 536.54 | 497.45 | 642.37 | 556.39 | 99.48 |
Net debt | 183.61 | 160.22 | 142.17 | 54.85 | 105.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.4 % | 2.5 % | 0.2 % | -5.6 % | -44.7 % |
ROE | 104.0 % | 9.4 % | -9.1 % | -96.6 % | -353.3 % |
ROI | 8.9 % | 2.7 % | 0.3 % | -14.3 % | -90.4 % |
Economic value added (EVA) | 44.87 | 17.50 | 4.32 | -25.47 | - 191.24 |
Solvency | |||||
Equity ratio | 9.2 % | 11.0 % | 7.7 % | 3.1 % | -65.5 % |
Gearing | 757.9 % | 507.9 % | 402.0 % | 1152.4 % | -105.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.7 | 0.5 | 1.1 |
Current ratio | 0.9 | 1.8 | 1.5 | 1.6 | 1.1 |
Cash and cash equivalents | 192.30 | 116.62 | 57.83 | 145.15 | 94.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | C |
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