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TWO CRANES APS — Credit Rating and Financial Key Figures

CVR number: 36686820
Nelson Mandelas Allé 16, 2450 København SV
chris@madebyhand.dk
tel: 20207229
Free credit report Annual report

Company information

Official name
TWO CRANES APS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

About TWO CRANES APS

TWO CRANES APS (CVR number: 36686820) is a company from KØBENHAVN. The company recorded a gross profit of 1042.5 kDKK in 2024. The operating profit was 726.5 kDKK, while net earnings were 444.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. TWO CRANES APS's liquidity measured by quick ratio was 3.4 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 profit716.30800.12353.45646.961 042.54
EBIT2 328.52715.79255.50495.90726.50
Net earnings1 701.12523.83107.26234.32444.14
Shareholders equity total4 828.845 352.675 459.935 694.256 138.39
Balance sheet total (assets)13 486.1015 408.8115 086.3915 002.3515 337.29
Net debt4 003.006 609.606 114.915 995.585 673.94
Profitability
EBIT-%
ROA18.4 %5.3 %2.1 %3.8 %5.2 %
ROE42.8 %10.3 %2.0 %4.2 %7.5 %
ROI20.8 %5.7 %2.3 %4.2 %5.9 %
Economic value added (EVA)1 365.4932.11- 484.92- 287.02- 103.36
Solvency
Equity ratio35.8 %34.7 %36.2 %38.0 %40.0 %
Gearing84.2 %124.0 %115.9 %105.9 %93.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.13.73.74.23.4
Current ratio0.13.73.74.23.4
Cash and cash equivalents62.8026.85211.7134.7640.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.25%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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