2MAUTO ApS — Credit Rating and Financial Key Figures

CVR number: 35842608
Industriparken 15, 2750 Ballerup
info@2mauto.dk
tel: 20944590

Company information

Official name
2MAUTO ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About 2MAUTO ApS

2MAUTO ApS (CVR number: 35842608) is a company from BALLERUP. The company recorded a gross profit of 207.6 kDKK in 2023. The operating profit was 32.9 kDKK, while net earnings were 20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 30.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. 2MAUTO ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales641.97449.18456.12
Gross profit180.05167.39185.24145.09207.64
EBIT-70.8655.2451.2219.9032.89
Net earnings-56.7635.1532.239.4620.75
Shareholders equity total-20.1415.0147.2556.7177.46
Balance sheet total (assets)254.64316.27336.42322.69415.98
Net debt22.64-66.20-93.70-69.40- 155.69
Profitability
EBIT-%-11.0 %12.3 %11.2 %
ROA-24.1 %18.7 %15.7 %6.0 %9.0 %
ROE-39.0 %26.1 %103.5 %18.2 %30.9 %
ROI-30.3 %24.1 %19.9 %6.9 %10.5 %
Economic value added (EVA)-66.0330.5925.931.8013.80
Solvency
Equity ratio-7.3 %4.7 %14.0 %17.6 %18.6 %
Gearing-1090.8 %1492.3 %483.7 %432.2 %329.1 %
Relative net indebtedness %12.1 %2.4 %-7.2 %
Liquidity
Quick ratio0.81.01.21.21.2
Current ratio0.91.01.21.21.2
Cash and cash equivalents197.02290.26322.24314.51410.61
Capital use efficiency
Trade debtors turnover (days)2.7
Net working capital %-4.7 %2.5 %10.4 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:9.03%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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