POWER OF TWO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About POWER OF TWO ApS
POWER OF TWO ApS (CVR number: 24997154) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -7.6 kDKK in 2024. The operating profit was -7.6 kDKK, while net earnings were 59.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. POWER OF TWO ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.79 | -9.24 | -4.90 | -8.11 | -7.56 |
EBIT | -72.22 | -73.67 | - 198.18 | -8.11 | -7.56 |
Net earnings | 51.07 | 284.11 | 227.70 | - 141.87 | 59.69 |
Shareholders equity total | 646.83 | 817.95 | 931.24 | 671.57 | 731.26 |
Balance sheet total (assets) | 1 036.76 | 1 271.54 | 1 593.65 | 1 054.38 | 809.31 |
Net debt | 380.87 | 428.30 | 603.40 | 295.79 | -5.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 20.0 % | 13.0 % | -9.0 % | 6.0 % |
ROE | 7.5 % | 38.8 % | 26.0 % | -17.7 % | 8.5 % |
ROI | 3.0 % | 20.0 % | 13.1 % | -9.0 % | 6.1 % |
Economic value added (EVA) | -99.57 | - 104.20 | - 189.68 | -87.05 | -58.10 |
Solvency | |||||
Equity ratio | 62.4 % | 64.3 % | 58.4 % | 63.7 % | 90.4 % |
Gearing | 59.7 % | 53.6 % | 70.7 % | 56.3 % | 9.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.1 | 0.2 | 3.0 |
Current ratio | 0.0 | 0.0 | 0.1 | 0.2 | 3.0 |
Cash and cash equivalents | 5.04 | 9.97 | 54.98 | 81.99 | 75.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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