2GEAR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30197208
Grenåvej 26, 8960 Randers SØ
bogholderi@autoa.dk
tel: 41484845

Company information

Official name
2GEAR HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About 2GEAR HOLDING ApS

2GEAR HOLDING ApS (CVR number: 30197208) is a company from RANDERS. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was poor at -225.3 % (EBIT: -1.2 mDKK), while net earnings were 19.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 2GEAR HOLDING ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2023
2024
Volume
Net sales557.25525.47
Gross profit214.15-1 144.57
EBIT203.91-1 183.92
Net earnings16 454.2119 430.88
Shareholders equity total105 176.70130 995.14
Balance sheet total (assets)116 887.47158 057.75
Net debt3 887.5811 255.37
Profitability
EBIT-%36.6 %-225.3 %
ROA14.7 %14.9 %
ROE15.6 %16.5 %
ROI15.6 %16.2 %
Economic value added (EVA)208.42-7 104.64
Solvency
Equity ratio90.0 %82.9 %
Gearing3.7 %8.7 %
Relative net indebtedness %1857.3 %4889.2 %
Liquidity
Quick ratio2.20.6
Current ratio2.20.6
Cash and cash equivalents25.00121.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1649.6 %-1701.4 %
Credit risk
Credit ratingBAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.9%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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