2M BUSINESS APPLICATIONS A/S — Credit Rating and Financial Key Figures

CVR number: 25879570
Kultorvet 11, 1175 København K
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Company information

Official name
2M BUSINESS APPLICATIONS A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry

About 2M BUSINESS APPLICATIONS A/S

2M BUSINESS APPLICATIONS A/S (CVR number: 25879570) is a company from KØBENHAVN. The company recorded a gross profit of -282.7 kDKK in 2024. The operating profit was -282.7 kDKK, while net earnings were -34 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. 2M BUSINESS APPLICATIONS A/S's liquidity measured by quick ratio was 2.5 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
2024
Volume
Net sales
Gross profit- 182.466 002.643 191.151 002.72- 282.70
EBIT-8 049.716 009.623 126.15411.19- 282.70
Net earnings-8 082.835 992.363 104.88349.97-34.00
Shareholders equity total-9 028.32-3 035.9568.93418.90384.90
Balance sheet total (assets)532.18473.92710.512 018.07635.49
Net debt8 883.192 827.87291.801 158.35230.44
Profitability
EBIT-%
ROA-84.8 %92.0 %148.2 %30.4 %-4.1 %
ROE-183.3 %1191.2 %1143.9 %143.5 %-8.5 %
ROI-88.2 %95.7 %167.2 %38.5 %-4.8 %
Economic value added (EVA)-8 442.385 995.833 115.11349.26- 284.53
Solvency
Equity ratio-94.4 %-86.5 %9.7 %20.8 %60.6 %
Gearing-103.0 %-107.2 %604.0 %298.2 %60.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.11.00.21.32.5
Current ratio0.11.00.21.32.5
Cash and cash equivalents419.52427.92124.5190.711.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-4.09%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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