N2 ApS — Credit Rating and Financial Key Figures

CVR number: 29536961
Hødersvej 8, Bolbro 5200 Odense V
tel: 21609032

Credit rating

Company information

Official name
N2 ApS
Personnel
9 persons
Established
2006
Domicile
Bolbro
Company form
Private limited company
Industry

About N2 ApS

N2 ApS (CVR number: 29536961) is a company from ODENSE. The company recorded a gross profit of 1453.9 kDKK in 2023. The operating profit was -483.8 kDKK, while net earnings were -782.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -16.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. N2 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 043.801 956.401 664.151 677.641 453.87
EBIT-6.10269.63- 328.06- 201.26- 483.78
Net earnings-74.64148.12- 315.62- 336.26- 782.62
Shareholders equity total- 275.83- 127.71- 443.33- 779.59-1 562.21
Balance sheet total (assets)3 645.304 324.014 445.874 980.124 474.17
Net debt3 676.733 363.153 908.234 642.704 526.31
Profitability
EBIT-%
ROA-0.2 %6.5 %-7.0 %-3.8 %-8.2 %
ROE-2.0 %3.7 %-7.2 %-7.1 %-16.6 %
ROI-0.2 %7.6 %-8.9 %-4.6 %-10.4 %
Economic value added (EVA)- 108.8494.08- 366.99- 280.78- 659.66
Solvency
Equity ratio-7.0 %-3.1 %-10.1 %-15.3 %-31.8 %
Gearing-1339.1 %-2672.0 %-886.8 %-604.9 %-293.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.40.80.6
Current ratio0.10.30.30.60.4
Cash and cash equivalents16.8049.1523.0772.8861.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-8.16%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.