Two Degrees UP ApS — Credit Rating and Financial Key Figures

Two Degrees UP ApS (CVR number: 43839314) is a company from AARHUS. The company recorded a gross profit of -50.2 kDKK in 2023. The operating profit was -50.2 kDKK, while net earnings were -53.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75 %, 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. Two Degrees UP ApS's liquidity measured by quick ratio was 6.4 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.