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2 Salt ApS — Credit Rating and Financial Key Figures

CVR number: 38129287
Richelieus Alle 9, 2900 Hellerup
tommy@nn07.com
tel: 29614626
Free credit report Annual report

Company information

Official name
2 Salt ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About 2 Salt ApS

2 Salt ApS (CVR number: 38129287) is a company from GENTOFTE. The company recorded a gross profit of 1727.8 kDKK in 2024. The operating profit was 3636.4 kDKK, while net earnings were 1584.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.8 %, 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. 2 Salt ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit796.50723.302 012.321 830.181 727.81
EBIT635.839 385.321 769.96- 545.183 636.37
Net earnings41.216 407.50176.65-1 605.101 584.07
Shareholders equity total1 441.757 849.268 025.906 420.818 004.88
Balance sheet total (assets)27 380.7862 022.7263 053.1260 545.9162 451.50
Net debt25 145.7849 798.4251 300.0952 288.3452 311.85
Profitability
EBIT-%
ROA2.1 %21.0 %2.8 %-0.9 %5.9 %
ROE4.8 %137.9 %2.2 %-22.2 %22.0 %
ROI2.1 %21.8 %2.9 %-0.9 %6.0 %
Economic value added (EVA)-1 230.585 976.91-1 596.73-3 488.53- 155.56
Solvency
Equity ratio5.3 %12.7 %12.7 %10.6 %12.8 %
Gearing1753.2 %637.0 %642.7 %814.4 %653.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.00.00.0
Current ratio0.20.00.00.00.0
Cash and cash equivalents130.78197.72284.473.770.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:5.91%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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