Twentyfour ApS — Credit Rating and Financial Key Figures

CVR number: 33757883
Center Boulevard 5, 2300 København S
info@twentyfour.dk
tel: 42416160
https://www.twentyfour.dk

Credit rating

Company information

Official name
Twentyfour ApS
Personnel
11 persons
Established
2011
Company form
Private limited company
Industry

About Twentyfour ApS

Twentyfour ApS (CVR number: 33757883) is a company from KØBENHAVN. The company recorded a gross profit of 8012.6 kDKK in 2023. The operating profit was 1011.3 kDKK, while net earnings were 1569.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent and Return on Equity (ROE) was 88.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Twentyfour ApS's liquidity measured by quick ratio was 1.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 396.737 958.758 742.418 676.328 012.59
EBIT1 593.781 865.341 942.09766.611 011.31
Net earnings1 233.611 874.211 428.92901.061 569.82
Shareholders equity total1 313.611 954.211 691.59981.062 550.88
Balance sheet total (assets)3 358.824 409.293 087.155 606.675 215.15
Net debt-1 482.09-2 229.57- 760.59- 444.89-2 053.23
Profitability
EBIT-%
ROA41.2 %54.4 %50.0 %25.0 %33.4 %
ROE66.5 %114.7 %78.4 %67.4 %88.9 %
ROI79.1 %117.2 %97.7 %66.6 %82.5 %
Economic value added (EVA)1 214.991 658.331 552.64557.39807.89
Solvency
Equity ratio40.9 %44.3 %54.8 %18.8 %49.0 %
Gearing7.7 %2.6 %55.6 %11.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.51.91.21.9
Current ratio1.61.51.91.11.9
Cash and cash equivalents1 482.092 379.99803.77990.572 349.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:33.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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