Two Degrees ApS — Credit Rating and Financial Key Figures

CVR number: 28687729
Højmarkvej 26, 8270 Højbjerg
stso@nrep.com
tel: 20181812

Company information

Official name
Two Degrees ApS
Personnel
4 persons
Established
2005
Company form
Private limited company
Industry

About Two Degrees ApS

Two Degrees ApS (CVR number: 28687729) is a company from AARHUS. The company recorded a gross profit of -1990.6 kDKK in 2024. The operating profit was -9683.2 kDKK, while net earnings were 69.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.7 %, which can be considered excellent and Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. Two Degrees ApS's liquidity measured by quick ratio was 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.

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-1 239.82-3 086.78-6 391.13-5 371.72-1 990.62
EBIT-2 056.30-5 856.51-12 544.03-11 672.02-9 683.16
Net earnings64 183.5241 998.0916 944.5111 316.7269 350.58
Shareholders equity total182 783.42195 123.44209 591.77140 908.49219 497.71
Balance sheet total (assets)209 673.40281 324.97354 531.05334 704.71321 022.47
Net debt-70 148.26-18 481.2835 308.31125 127.5457 209.05
Profitability
EBIT-%
ROA39.7 %27.4 %18.0 %19.0 %28.7 %
ROE41.8 %22.2 %8.4 %6.5 %38.5 %
ROI40.2 %27.6 %18.4 %19.8 %29.8 %
Economic value added (EVA)-8 922.73-16 172.18-26 687.99-28 785.22-25 795.48
Solvency
Equity ratio87.2 %69.4 %59.1 %42.1 %68.4 %
Gearing12.8 %43.7 %62.5 %127.6 %41.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.71.31.11.11.0
Current ratio3.71.31.11.11.0
Cash and cash equivalents93 605.93103 707.4295 661.1054 607.0933 702.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:28.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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