2rad ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2rad ApS
2rad ApS (CVR number: 41548525) is a company from KØBENHAVN. The company recorded a gross profit of -25.9 kDKK in 2023. The operating profit was -25.9 kDKK, while net earnings were -31.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.9 %, which can be considered poor and Return on Equity (ROE) was -51 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. 2rad ApS's liquidity measured by quick ratio was 3.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 122.21 | -12.86 | -25.85 |
EBIT | 72.01 | -19.04 | -25.85 |
Net earnings | 71.29 | -32.90 | -31.86 |
Shareholders equity total | 111.29 | 78.39 | 46.53 |
Balance sheet total (assets) | 113.47 | 93.93 | 63.17 |
Net debt | - 113.47 | -11.62 | -29.96 |
Profitability | |||
EBIT-% | |||
ROA | 63.5 % | -18.4 % | -32.9 % |
ROE | 64.1 % | -34.7 % | -51.0 % |
ROI | 64.7 % | -20.1 % | -41.4 % |
Economic value added (EVA) | 72.01 | -13.41 | -21.26 |
Solvency | |||
Equity ratio | 98.1 % | 83.5 % | 73.6 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 52.0 | 6.0 | 3.8 |
Current ratio | 52.0 | 6.0 | 3.8 |
Cash and cash equivalents | 113.47 | 11.62 | 29.96 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | B | B |
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