Two Founders Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41487240
Klamsagervej 35, 8230 Åbyhøj
invoice@kreafunk.dk
tel: 96990020

Company information

Official name
Two Founders Holding ApS
Established
2020
Company form
Private limited company
Industry

About Two Founders Holding ApS

Two Founders Holding ApS (CVR number: 41487240) is a company from AARHUS. The company reported a net sales of -0.9 mDKK in 2023, demonstrating a growth of -49.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.9 mDKK), while net earnings were -1104.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.1 %, which can be considered poor and Return on Equity (ROE) was -232.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Two Founders Holding 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales1 707.74-1 981.13-1 805.84- 917.58
Gross profit1 655.71-1 996.76-1 817.59- 934.19
EBIT1 655.71-1 996.76-1 817.59- 934.19
Net earnings1 597.82-2 112.28-2 035.48-1 104.91
Shareholders equity total1 472.83- 511.54-2 545.62-3 651.93
Balance sheet total (assets)4 610.702 794.47934.7215.74
Net debt32.2748.2559.9976.61
Profitability
EBIT-%97.0 %
ROA35.9 %-50.4 %-53.6 %-26.1 %
ROE108.5 %-99.0 %-109.2 %-232.5 %
ROI110.0 %-257.1 %-3358.5 %-1367.8 %
Economic value added (EVA)1 674.91-1 734.43-1 705.79- 760.10
Solvency
Equity ratio31.9 %-15.5 %-73.1 %-99.6 %
Gearing2.2 %-9.4 %-2.4 %-2.1 %
Relative net indebtedness %183.7 %-166.9 %-192.7 %-399.7 %
Liquidity
Quick ratio0.00.00.00.0
Current ratio0.00.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-181.8 %163.3 %191.9 %398.0 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-26.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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