2 Guys IVS — Credit Rating and Financial Key Figures

CVR number: 38686046
Tarphagevej 49, 6710 Esbjerg V

Credit rating

Company information

Official name
2 Guys IVS
Established
2017
Company form
Entrepreneurial limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About 2 Guys IVS

2 Guys IVS (CVR number: 38686046) is a company from ESBJERG. The company recorded a gross profit of 60.7 kDKK in 2018. The operating profit was 60.7 kDKK, while net earnings were 46.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.1 %, which can be considered excellent and Return on Equity (ROE) was 114.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 2 Guys IVS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018
Volume
Net sales
Gross profit-18.1660.69
EBIT-18.1660.69
Net earnings-17.2646.11
Shareholders equity total-17.2628.85
Balance sheet total (assets)51.75155.27
Net debt41.22-23.40
Profitability
EBIT-%
ROA-26.3 %54.1 %
ROE-33.4 %114.4 %
ROI-28.9 %62.4 %
Economic value added (EVA)-14.9248.52
Solvency
Equity ratio-25.0 %18.6 %
Gearing-364.0 %217.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.0
Current ratio0.71.8
Cash and cash equivalents21.5986.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:54.1%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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