Twenty/Twenty ApS — Credit Rating and Financial Key Figures

Twenty/Twenty ApS (CVR number: 38035711K) is a company from KØBENHAVN. The company recorded a gross profit of -21.7 kDKK in 2017. The operating profit was -26.2 kDKK, while net earnings were -23.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor and Return on Equity (ROE) was -82.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Twenty/Twenty ApS's liquidity measured by quick ratio was 1.1 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.