2M Carnitech ApS

CVR number: 40752102
Industrivej 40, 9440 Aabybro

Credit rating

Company information

Official name
2M Carnitech ApS
Personnel
12 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

2M Carnitech ApS (CVR number: 40752102) is a company from JAMMERBUGT. The company recorded a gross profit of 902.1 kDKK in 2022. The operating profit was -1184.5 kDKK, while net earnings were -961.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -19.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 2M Carnitech 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019202020212022
Volume
Net sales
Gross profit287.75297.461 027.49902.15
EBIT271.54251.45976.86-1 184.53
Net earnings213.11165.02731.76- 961.61
Shareholders equity total413.11578.121 009.89- 551.72
Balance sheet total (assets)3 647.903 388.414 901.369 024.53
Net debt2 428.192 185.132 430.224 749.53
Profitability
EBIT-%
ROA7.6 %7.6 %23.9 %-16.3 %
ROE51.6 %33.3 %92.2 %-19.2 %
ROI8.3 %8.3 %26.7 %-24.6 %
Economic value added (EVA)211.80198.51747.91- 935.33
Solvency
Equity ratio11.3 %17.1 %20.6 %-8.0 %
Gearing701.3 %430.1 %321.4 %-860.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.10.9
Current ratio1.01.11.20.7
Cash and cash equivalents469.06301.59815.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-16.3%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.01%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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