PEOPLE2.0 Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 27230555
Automatikvej 1, 2860 Søborg

Credit rating

Company information

Official name
PEOPLE2.0 Denmark ApS
Personnel
85 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon78Employment activities

About PEOPLE2.0 Denmark ApS

PEOPLE2.0 Denmark ApS (CVR number: 27230555) is a company from GLADSAXE. The company reported a net sales of 119.7 mDKK in 2023, demonstrating a decline of -0.2 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 1.4 mDKK), while net earnings were 111.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 2.4 %, 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. PEOPLE2.0 Denmark ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales9.2519.3662.14119.90119.70
Gross profit8.7317.5459.30116.27117.63
EBIT-0.06-1.26-0.33-0.361.37
Net earnings-0.05-1.31-0.36-0.610.11
Shareholders equity total0.62-0.690.45-0.160.45
Balance sheet total (assets)1.723.266.7212.8023.14
Net debt-0.38-1.94-3.26-0.352.68
Profitability
EBIT-%-0.6 %-6.5 %-0.5 %-0.3 %1.1 %
ROA-2.7 %-45.2 %-6.2 %-5.8 %7.6 %
ROE-7.7 %-67.5 %-19.2 %-9.3 %1.7 %
ROI-6.7 %-139.4 %-26.6 %-72.4 %86.2 %
Economic value added (EVA)-0.04-1.29-0.19-0.221.00
Solvency
Equity ratio35.8 %-17.5 %6.7 %-1.3 %2.4 %
Gearing607.2 %
Relative net indebtedness %7.8 %10.4 %4.8 %10.5 %18.9 %
Liquidity
Quick ratio2.11.11.31.01.3
Current ratio2.11.11.31.01.0
Cash and cash equivalents0.381.943.260.350.04
Capital use efficiency
Trade debtors turnover (days)17.710.02.913.628.9
Net working capital %9.9 %1.2 %2.5 %0.0 %0.4 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.57%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.44%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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