Two Degrees UP ApS — Credit Rating and Financial Key Figures

CVR number: 43839314
Højmarkvej 26, 8270 Højbjerg

Credit rating

Company information

Official name
Two Degrees UP ApS
Established
2022
Company form
Private limited company
Industry

About Two Degrees UP ApS

Two Degrees UP ApS (CVR number: 43839314) is a company from AARHUS. The company recorded a gross profit of -2858 kDKK in 2024. The operating profit was -2858 kDKK, while net earnings were 46.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 50.5 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Two Degrees UP ApS's liquidity measured by quick ratio was 923 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
2023
2024
Volume
Net sales
Gross profit-50.22-2 857.96
EBIT-50.22-2 857.96
Net earnings-53.8646 648.47
Shareholders equity total908.15234 213.16
Balance sheet total (assets)1 211.07234 290.11
Net debt14.80- 518.87
Profitability
EBIT-%
ROA-4.1 %50.5 %
ROE-5.9 %39.7 %
ROI-4.3 %40.7 %
Economic value added (EVA)-50.22-2 916.85
Solvency
Equity ratio75.0 %100.0 %
Gearing29.1 %
Relative net indebtedness %
Liquidity
Quick ratio6.4923.0
Current ratio6.4923.0
Cash and cash equivalents249.06518.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:50.5%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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