Y2K ApS — Credit Rating and Financial Key Figures

CVR number: 24204243
Baunegårdsvej 57, 2900 Hellerup
tel: 28761028

Company information

Official name
Y2K ApS
Established
1999
Company form
Private limited company
Industry

About Y2K ApS

Y2K ApS (CVR number: 24204243) is a company from GENTOFTE. The company recorded a gross profit of -125.9 kDKK in 2024. The operating profit was -168.6 kDKK, while net earnings were 5098.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Y2K ApS's liquidity measured by quick ratio was 33.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-62.62-82.31- 162.33- 124.82- 125.87
EBIT-78.72- 100.07- 187.39- 150.05- 168.63
Net earnings6 056.727 680.784 704.2310 332.425 098.09
Shareholders equity total22 207.5025 888.2830 478.1140 310.5337 408.62
Balance sheet total (assets)22 542.3228 057.2930 859.2240 767.1538 455.04
Net debt-12 180.74-23 207.00-26 221.21-32 759.36-33 505.79
Profitability
EBIT-%
ROA30.5 %32.1 %30.3 %29.1 %14.7 %
ROE30.0 %31.9 %16.7 %29.2 %13.1 %
ROI30.6 %33.4 %31.3 %29.1 %14.8 %
Economic value added (EVA)- 981.79-1 208.15-1 499.10-1 699.12-2 189.33
Solvency
Equity ratio98.5 %92.3 %98.8 %98.9 %97.3 %
Gearing1.3 %0.8 %1.1 %1.0 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio56.810.973.683.533.9
Current ratio56.810.973.683.533.9
Cash and cash equivalents12 475.7623 402.0226 550.0733 152.0133 915.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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