2CLOTHES ApS — Credit Rating and Financial Key Figures

2CLOTHES ApS (CVR number: 34718466) is a company from HORSENS. The company recorded a gross profit of 101.5 kDKK in 2019. The operating profit was 97.8 kDKK, while net earnings were 93.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 111.8 %, which can be considered excellent and Return on Equity (ROE) was 236.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -11.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 2CLOTHES ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.