Second Home ApS — Credit Rating and Financial Key Figures

CVR number: 29525811
Rosenbakken 13, 3220 Tisvildeleje
tel: 33131321

Company information

Official name
Second Home ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About Second Home ApS

Second Home ApS (CVR number: 29525811) is a company from GRIBSKOV. The company recorded a gross profit of 3052.5 kDKK in 2023. The operating profit was 2396.3 kDKK, while net earnings were 1589.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.6 %, which can be considered excellent and Return on Equity (ROE) was 187.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Second Home ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit576.302 780.661 282.72-1 187.973 052.49
EBIT247.091 840.02520.92-2 018.472 396.26
Net earnings193.051 360.78292.81-1 795.591 589.94
Shareholders equity total193.221 554.001 846.8151.231 641.17
Balance sheet total (assets)2 100.328 901.3911 977.358 346.893 477.40
Net debt- 374.895 641.289 661.387 415.26894.87
Profitability
EBIT-%
ROA16.9 %33.4 %5.0 %-19.9 %40.6 %
ROE199.7 %155.8 %17.2 %-189.2 %187.9 %
ROI18.8 %36.5 %5.3 %-20.8 %42.5 %
Economic value added (EVA)194.051 528.94377.15-1 667.521 815.80
Solvency
Equity ratio9.2 %17.5 %15.4 %0.6 %47.2 %
Gearing877.2 %427.2 %523.1 %15255.8 %109.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.90.40.11.9
Current ratio1.11.21.21.01.9
Cash and cash equivalents2 069.82997.17400.00894.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:40.6%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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