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 recorded a gross profit of 214.2 kDKK in 2023. The operating profit was 203.9 kDKK, while net earnings were 16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90 %, 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 2.2 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
2019
2020
2022
2023
Volume
Net sales
Gross profit-43.03214.15
EBIT-52.38203.91
Net earnings35 097.1016 454.21
Shareholders equity total88 781.39105 176.70
Balance sheet total (assets)105 610.85116 887.47
Net debt12 705.303 887.58
Profitability
EBIT-%
ROA33.5 %15.4 %
ROE39.5 %17.0 %
ROI34.2 %16.0 %
Economic value added (EVA)508.08-37.193 314.00
Solvency
Equity ratio84.1 %90.0 %
Gearing15.3 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.2
Current ratio1.12.2
Cash and cash equivalents859.8725.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBAAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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