2020 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 2020 Holding ApS
2020 Holding ApS (CVR number: 41309857) is a company from GENTOFTE. The company recorded a gross profit of -7.7 kDKK in 2023. The operating profit was -7.7 kDKK, while net earnings were -29.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. 2020 Holding ApS's liquidity measured by quick ratio was 206.1 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -7.50 | -8.69 | -30.81 | -7.69 |
EBIT | -7.50 | 48.65 | 901.09 | -7.69 |
Net earnings | -20.85 | 13.13 | 873.37 | -29.14 |
Shareholders equity total | 1 942.73 | 1 955.86 | 2 829.24 | 2 800.10 |
Balance sheet total (assets) | 3 629.23 | 3 793.47 | 4 722.23 | 4 748.53 |
Net debt | 1 521.11 | 1 708.83 | 1 737.39 | 1 778.56 |
Profitability | ||||
EBIT-% | ||||
ROA | 0.1 % | 1.4 % | 21.5 % | 0.5 % |
ROE | -1.1 % | 0.7 % | 36.5 % | -1.0 % |
ROI | 0.1 % | 1.4 % | 21.5 % | 0.5 % |
Economic value added (EVA) | -5.85 | 229.77 | 1 103.86 | 113.63 |
Solvency | ||||
Equity ratio | 53.5 % | 51.6 % | 59.9 % | 59.0 % |
Gearing | 86.4 % | 93.6 % | 66.5 % | 69.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 21.8 | 18.6 | 142.1 | 206.1 |
Current ratio | 21.8 | 18.6 | 142.1 | 206.1 |
Cash and cash equivalents | 157.88 | 121.13 | 144.48 | 161.13 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | A | BBB |
Variable visualization
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