Two Degrees ApS — Credit Rating and Financial Key Figures

Two Degrees ApS (CVR number: 28687729) is a company from AARHUS. The company recorded a gross profit of -5371.7 kDKK in 2023. The operating profit was -11.7 mDKK, while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. Two Degrees ApS's liquidity measured by quick ratio was 1.1 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.