2 NAVIGATE ApS — Credit Rating and Financial Key Figures

CVR number: 29141576
Villavej 53, Mejrup 7500 Holstebro
tel: 23415234

Credit rating

Company information

Official name
2 NAVIGATE ApS
Personnel
2 persons
Established
2005
Domicile
Mejrup
Company form
Private limited company
Industry

About 2 NAVIGATE ApS

2 NAVIGATE ApS (CVR number: 29141576) is a company from HOLSTEBRO. The company recorded a gross profit of 1511.1 kDKK in 2024. The operating profit was 676.3 kDKK, while net earnings were 586.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 2 NAVIGATE ApS's liquidity measured by quick ratio was 7.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-14.19374.281 498.311 569.531 511.11
EBIT-19.78152.84686.17656.15676.30
Net earnings262.06381.02428.621 016.71586.40
Shareholders equity total938.011 319.031 633.252 532.162 996.56
Balance sheet total (assets)977.201 748.732 003.843 009.383 437.58
Net debt- 963.08-1 559.82-1 730.38-2 521.42-2 783.50
Profitability
EBIT-%
ROA32.0 %34.9 %38.5 %53.0 %24.3 %
ROE32.5 %33.8 %29.0 %48.8 %21.2 %
ROI33.3 %41.2 %48.1 %63.5 %28.2 %
Economic value added (EVA)-53.2275.35463.52427.12393.01
Solvency
Equity ratio96.0 %75.4 %81.5 %84.1 %87.2 %
Gearing0.4 %3.5 %0.4 %0.7 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio24.94.15.46.07.3
Current ratio24.94.15.46.37.8
Cash and cash equivalents966.621 605.541 737.142 538.222 811.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:24.3%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.2%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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