Twin Service ApS — Credit Rating and Financial Key Figures

CVR number: 42428302
Tobaksgården 3, 8700 Horsens

Company information

Official name
Twin Service ApS
Personnel
16 persons
Established
2021
Company form
Private limited company
Industry

About Twin Service ApS

Twin Service ApS (CVR number: 42428302) is a company from HORSENS. The company recorded a gross profit of 7504.8 kDKK in 2024. The operating profit was 747.9 kDKK, while net earnings were 580.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. Twin Service ApS's liquidity measured by quick ratio was 2.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit7 737.387 817.457 439.117 504.83
EBIT- 381.52250.00517.53747.90
Net earnings- 314.91173.33390.30580.19
Shareholders equity total3 153.493 326.833 543.803 733.68
Balance sheet total (assets)4 975.765 592.296 347.606 190.59
Net debt- 738.33-1 469.64-2 340.88-2 107.23
Profitability
EBIT-%
ROA-7.7 %4.7 %8.7 %12.2 %
ROE-10.0 %5.3 %11.4 %15.9 %
ROI-10.8 %6.7 %13.1 %18.6 %
Economic value added (EVA)- 300.5113.34205.75374.68
Solvency
Equity ratio63.4 %59.5 %55.8 %60.3 %
Gearing5.8 %5.3 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.91.92.2
Current ratio2.01.91.92.2
Cash and cash equivalents738.331 662.382 528.952 279.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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