TWO CRANES APS — Credit Rating and Financial Key Figures

TWO CRANES APS (CVR number: 36686820) is a company from KØBENHAVN. The company recorded a gross profit of 647 kDKK in 2023. The operating profit was 495.9 kDKK, while net earnings were 234.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TWO CRANES APS's liquidity measured by quick ratio was 4.2 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.