Credit rating
Company information
About 2WM ApS
2WM ApS (CVR number: 41287144) is a company from KALUNDBORG. The company reported a net sales of 11.5 mDKK in 2023, demonstrating a decline of -31.7 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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. 2WM ApS's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 3 526.29 | 12 340.34 | 16 789.08 | 11 466.71 |
Gross profit | 38.64 | 179.20 | 237.58 | 118.65 |
EBIT | 38.64 | 179.20 | 127.68 | 19.72 |
Net earnings | 27.08 | 134.84 | 93.01 | 10.87 |
Shareholders equity total | 67.08 | 174.92 | 142.93 | 51.80 |
Balance sheet total (assets) | 154.44 | 225.64 | 830.85 | 77.85 |
Net debt | - 140.99 | - 144.79 | - 709.37 | -65.73 |
Profitability | ||||
EBIT-% | 1.1 % | 1.5 % | 0.8 % | 0.2 % |
ROA | 25.0 % | 94.3 % | 24.3 % | 4.4 % |
ROE | 40.4 % | 111.4 % | 58.5 % | 11.2 % |
ROI | 57.6 % | 148.1 % | 80.6 % | 20.3 % |
Economic value added (EVA) | 29.23 | 141.75 | 96.03 | 41.28 |
Solvency | ||||
Equity ratio | 43.4 % | 77.5 % | 17.2 % | 66.5 % |
Gearing | ||||
Relative net indebtedness % | -1.5 % | -0.8 % | -0.1 % | -0.3 % |
Liquidity | ||||
Quick ratio | 1.8 | 4.4 | 1.2 | 3.0 |
Current ratio | 1.8 | 4.4 | 1.2 | 3.0 |
Cash and cash equivalents | 140.99 | 144.79 | 709.37 | 65.73 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 1.1 | 0.0 | 2.6 | |
Net working capital % | 1.9 % | 1.4 % | 0.9 % | 0.5 % |
Credit risk | ||||
Credit rating | B | C | B | C |
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