2020 Finance ApS — Credit Rating and Financial Key Figures

CVR number: 36564504
P.O. Pedersens Vej 2 B, Skejby 8200 Aarhus N
FINANCE+SMARTKREDIT@nclear.dk
Free credit report Annual report

Company information

Official name
2020 Finance ApS
Established
2015
Domicile
Skejby
Company form
Private limited company
Industry

About 2020 Finance ApS

2020 Finance ApS (CVR number: 36564504) is a company from AARHUS. The company recorded a gross profit of -84.1 kDKK in 2024. The operating profit was -84.1 kDKK, while net earnings were -66.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.9 %, which can be considered poor and Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 2020 Finance ApS's liquidity measured by quick ratio was 4.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit808.84189.46-65.29-22.21-84.12
EBIT789.96170.58-84.17-51.22-84.12
Net earnings503.2174.99- 116.31-41.60-66.48
Shareholders equity total325.34400.32284.01242.41175.93
Balance sheet total (assets)1 251.05702.82294.23242.42225.93
Net debt742.23155.110.62-73.734.50
Profitability
EBIT-%
ROA55.4 %17.5 %-16.9 %-19.1 %-35.9 %
ROE57.6 %20.7 %-34.0 %-15.8 %-31.8 %
ROI69.4 %18.7 %-17.6 %-19.3 %-35.9 %
Economic value added (EVA)566.4659.78-99.32-54.12-77.37
Solvency
Equity ratio26.0 %57.0 %96.5 %100.0 %77.9 %
Gearing254.7 %65.8 %2.0 %28.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.225.960 604.04.5
Current ratio1.32.225.960 604.04.5
Cash and cash equivalents86.52108.345.0273.7345.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-35.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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