2xH Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38017780
Islevdalvej 154, 2610 Rødovre

Company information

Official name
2xH Holding ApS
Established
2016
Company form
Private limited company
Industry

About 2xH Holding ApS

2xH Holding ApS (CVR number: 38017780) is a company from RØDOVRE. The company recorded a gross profit of -78.3 kDKK in 2023. The operating profit was -78.3 kDKK, while net earnings were 1096.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.3 %, 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. 2xH Holding ApS's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit313.38280.4791.7412.97-78.25
EBIT313.38280.4791.7412.97-78.25
Net earnings213.991 801.75564.991 028.681 096.92
Shareholders equity total1 115.562 917.313 369.304 283.985 263.10
Balance sheet total (assets)5 223.316 847.516 169.126 874.918 061.77
Net debt3 830.873 467.942 478.622 401.492 154.59
Profitability
EBIT-%
ROA7.2 %32.8 %9.7 %16.9 %15.4 %
ROE21.2 %89.4 %18.0 %26.9 %23.0 %
ROI7.5 %34.6 %10.3 %17.5 %16.0 %
Economic value added (EVA)167.1592.6653.29-69.86- 134.65
Solvency
Equity ratio21.4 %42.6 %54.6 %62.3 %65.3 %
Gearing345.9 %121.7 %74.5 %56.5 %45.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.61.5
Current ratio0.20.20.30.61.5
Cash and cash equivalents27.5681.5730.6318.56226.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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