GLOBAL T 2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLOBAL T 2 ApS
GLOBAL T 2 ApS (CVR number: 30698207) is a company from KØBENHAVN. The company recorded a gross profit of -302 kEUR in 2023. The operating profit was -449.2 kEUR, while net earnings were -680.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLOBAL T 2 ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 157.97 | 305.35 | 99.39 | 384.75 | - 302.00 |
EBIT | 10.77 | 158.16 | -47.81 | 237.55 | - 449.19 |
Net earnings | - 198.09 | -51.28 | - 269.94 | 6.58 | - 680.87 |
Shareholders equity total | - 287.69 | - 338.97 | - 608.90 | - 602.33 | -1 279.20 |
Balance sheet total (assets) | 6 047.42 | 6 221.76 | 6 163.99 | 6 430.02 | 6 061.07 |
Net debt | 6 040.24 | 6 237.59 | 6 443.69 | 6 690.27 | 6 976.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | 2.5 % | -0.7 % | 3.5 % | -5.9 % |
ROE | -3.1 % | -0.8 % | -4.4 % | 0.1 % | -10.9 % |
ROI | 0.3 % | 2.6 % | -0.7 % | 3.6 % | -6.0 % |
Economic value added (EVA) | 20.32 | 176.68 | -26.61 | 273.07 | - 414.89 |
Solvency | |||||
Equity ratio | -4.5 % | -5.2 % | -9.1 % | -8.7 % | -17.7 % |
Gearing | -2127.7 % | -1864.6 % | -1074.3 % | -1124.1 % | -547.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.6 | 10.1 | 20.5 | 6.6 | 2.9 |
Current ratio | 3.1 | 2.7 | 2.8 | 2.4 | 1.4 |
Cash and cash equivalents | 80.97 | 82.79 | 97.91 | 80.29 | 31.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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