Need 2No ApS — Credit Rating and Financial Key Figures

CVR number: 38104586
Frederikssundsvej 43, 2400 København NV
charlbonde@hotmail.com
tel: 21651581

Company information

Official name
Need 2No ApS
Established
2016
Company form
Private limited company
Industry

About Need 2No ApS

Need 2No ApS (CVR number: 38104586) is a company from KØBENHAVN. The company recorded a gross profit of 29.3 kDKK in 2023. The operating profit was 29.3 kDKK, while net earnings were 22.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Need 2No ApS's liquidity measured by quick ratio was 6.1 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 profit31.04-3.7725.6138.5229.29
EBIT0.19-3.7725.6138.5229.29
Net earnings0.85-4.0520.5729.5122.86
Shareholders equity total51.1147.0767.6497.15120.01
Balance sheet total (assets)102.7760.3794.85125.91143.42
Net debt-73.89-39.70-73.88- 110.73-94.57
Profitability
EBIT-%
ROA0.7 %-4.6 %33.3 %34.9 %21.8 %
ROE1.2 %-8.2 %35.9 %35.8 %21.1 %
ROI1.6 %-7.1 %45.1 %46.8 %27.0 %
Economic value added (EVA)6.12-2.2220.3030.2623.53
Solvency
Equity ratio49.7 %78.0 %71.3 %77.2 %83.7 %
Gearing15.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.04.53.54.46.1
Current ratio2.04.53.54.46.1
Cash and cash equivalents82.0339.7073.88110.7394.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.7%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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