2L MANAGEMENT HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2L MANAGEMENT HOLDING A/S
2L MANAGEMENT HOLDING A/S (CVR number: 25097203) is a company from KØBENHAVN. The company recorded a gross profit of -56.4 kDKK in 2023. The operating profit was -56.4 kDKK, while net earnings were -521.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -59.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 2L MANAGEMENT HOLDING A/S's liquidity measured by quick ratio was 17.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 116.25 | -93.82 | -87.73 | -52.11 | -56.41 |
EBIT | - 143.60 | - 133.34 | -87.73 | -52.11 | -56.41 |
Net earnings | - 178.48 | - 290.32 | - 333.02 | - 369.59 | - 521.29 |
Shareholders equity total | -3 231.27 | -3 521.59 | -3 854.61 | -4 224.20 | -4 745.49 |
Balance sheet total (assets) | 5 541.98 | 4 277.97 | 3 249.85 | 3 170.23 | 3 198.48 |
Net debt | 8 378.93 | 7 708.63 | 6 951.12 | 7 302.47 | 7 841.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | -0.7 % | -1.8 % | -1.4 % | -1.4 % |
ROE | -3.2 % | -5.9 % | -8.8 % | -11.5 % | -16.4 % |
ROI | 1.1 % | -0.7 % | -1.8 % | -1.4 % | -1.4 % |
Economic value added (EVA) | 163.43 | 73.62 | 111.69 | 291.75 | 301.55 |
Solvency | |||||
Equity ratio | -36.8 % | -45.2 % | -54.3 % | -57.1 % | -59.7 % |
Gearing | -270.7 % | -220.7 % | -183.6 % | -174.5 % | -166.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 205.7 | 151.7 | 21.2 | 24.2 | 17.9 |
Current ratio | 205.7 | 151.7 | 21.2 | 24.2 | 17.9 |
Cash and cash equivalents | 367.38 | 62.74 | 124.41 | 67.77 | 71.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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