2020 Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41309857
Løvsangervej 9, 2900 Hellerup

Credit rating

Company information

Official name
2020 Holding ApS
Established
2020
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.50-8.69-30.81-7.69
EBIT-7.5048.65901.09-7.69
Net earnings-20.8513.13873.37-29.14
Shareholders equity total1 942.731 955.862 829.242 800.10
Balance sheet total (assets)3 629.233 793.474 722.234 748.53
Net debt1 521.111 708.831 737.391 778.56
Profitability
EBIT-%
ROA0.1 %1.4 %21.5 %0.5 %
ROE-1.1 %0.7 %36.5 %-1.0 %
ROI0.1 %1.4 %21.5 %0.5 %
Economic value added (EVA)-5.85229.771 103.86113.63
Solvency
Equity ratio53.5 %51.6 %59.9 %59.0 %
Gearing86.4 %93.6 %66.5 %69.3 %
Relative net indebtedness %
Liquidity
Quick ratio21.818.6142.1206.1
Current ratio21.818.6142.1206.1
Cash and cash equivalents157.88121.13144.48161.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBB

Variable visualization

ROA:0.46%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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