2ndLifeDesign ApS — Credit Rating and Financial Key Figures

CVR number: 39727048
Strandgade 15, Nexø 3730 Nexø
info@2ndlifedesign.dk
tel: 81616660
www.2ndlifedesign.dk

Credit rating

Company information

Official name
2ndLifeDesign ApS
Personnel
1 person
Established
2018
Domicile
Nexø
Company form
Private limited company
Industry

About 2ndLifeDesign ApS

2ndLifeDesign ApS (CVR number: 39727048) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 262.9 kDKK in 2023. The operating profit was 33.6 kDKK, while net earnings were 10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 2ndLifeDesign ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit302.68290.75229.67334.59262.92
EBIT25.6745.18-69.0835.5833.55
Net earnings3.7817.63-85.2411.5310.39
Shareholders equity total53.7871.41-13.83-2.308.09
Balance sheet total (assets)717.00746.44698.02743.76803.44
Net debt529.02293.26413.34607.31650.13
Profitability
EBIT-%
ROA3.6 %6.2 %-9.5 %4.9 %4.3 %
ROE7.0 %28.2 %-22.2 %1.6 %2.8 %
ROI4.2 %7.8 %-12.7 %6.0 %4.9 %
Economic value added (EVA)25.6731.49-60.5942.7035.95
Solvency
Equity ratio7.5 %9.6 %-1.9 %-0.3 %1.0 %
Gearing1040.0 %653.4 %-3913.5 %-28349.1 %8667.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.20.10.1
Current ratio0.90.90.90.91.0
Cash and cash equivalents30.31173.36127.9045.2951.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.33%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.01%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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