Twenty/Twenty ApS — Credit Rating and Financial Key Figures

CVR number: 38035711
Holbergsgade 15, 1057 København K
katrine@twentytwenty.studio
tel: 30203609

Credit rating

Company information

Official name
Twenty/Twenty ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Twenty/Twenty ApS

Twenty/Twenty ApS (CVR number: 38035711) is a company from KØBENHAVN. The company recorded a gross profit of 881 kDKK in 2023. The operating profit was 19.1 kDKK, while net earnings were 6.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. Twenty/Twenty ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit330.31240.96747.00591.24880.96
EBIT- 241.58137.79251.69- 162.8919.15
Net earnings- 241.68134.49204.44- 131.266.39
Shareholders equity total14.54149.04353.48222.22230.11
Balance sheet total (assets)171.83200.56587.08390.25355.66
Net debt-98.63- 165.14- 505.4284.63- 145.04
Profitability
EBIT-%
ROA-64.2 %74.0 %67.6 %-33.3 %5.1 %
ROE-132.2 %164.4 %81.4 %-45.6 %2.8 %
ROI-128.2 %165.2 %105.3 %-46.0 %6.5 %
Economic value added (EVA)- 228.46142.10197.21- 117.78-1.22
Solvency
Equity ratio8.5 %74.3 %60.2 %56.9 %64.7 %
Gearing11.3 %1.1 %0.5 %59.2 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.83.92.27.12.3
Current ratio0.83.92.27.12.3
Cash and cash equivalents100.28166.79507.0747.00152.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.13%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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