2020 ApS — Credit Rating and Financial Key Figures

CVR number: 36491205
Spicavej 27, 3100 Hornbæk

Credit rating

Company information

Official name
2020 ApS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About 2020 ApS

2020 ApS (CVR number: 36491205) is a company from HELSINGØR. The company recorded a gross profit of 1033 kDKK in 2018. The operating profit was 487.6 kDKK, while net earnings were 379 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.5 %, which can be considered excellent and Return on Equity (ROE) was 120.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2020 ApS's liquidity measured by quick ratio was 2.5 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
2016
2017
2018
Volume
Net sales
Gross profit402.77601.981 033.00
EBIT8.22111.48487.62
Net earnings5.3185.05379.02
Shareholders equity total64.93149.98479.00
Balance sheet total (assets)240.26576.91735.92
Net debt- 136.73- 262.97- 278.28
Profitability
EBIT-%
ROA3.4 %27.3 %74.5 %
ROE8.2 %79.2 %120.5 %
ROI12.3 %102.4 %154.4 %
Economic value added (EVA)5.8391.99387.83
Solvency
Equity ratio27.0 %26.0 %65.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.91.22.5
Current ratio1.01.32.5
Cash and cash equivalents136.73262.97278.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:74.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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