TWINE ApS — Credit Rating and Financial Key Figures

CVR number: 32140785
Forårsvej 2, 2920 Charlottenlund
tel: 20201130

Credit rating

Company information

Official name
TWINE ApS
Established
2009
Company form
Private limited company
Industry

About TWINE ApS

TWINE ApS (CVR number: 32140785) is a company from GENTOFTE. The company recorded a gross profit of -105.5 kDKK in 2024. The operating profit was -170.5 kDKK, while net earnings were 749.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TWINE ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-59.49-91.46- 213.84- 256.06- 105.53
EBIT-91.37- 154.41- 278.84- 321.06- 170.53
Net earnings4 854.404 719.98-1 859.65-20 802.26749.33
Shareholders equity total27 301.4731 964.9530 048.109 186.949 875.28
Balance sheet total (assets)30 029.2933 142.6531 616.2310 922.1411 680.81
Net debt2 706.52399.911 395.941 734.151 765.66
Profitability
EBIT-%
ROA18.1 %15.3 %-0.4 %-98.6 %7.0 %
ROE19.5 %15.9 %-6.0 %-106.0 %7.9 %
ROI17.4 %14.8 %-0.4 %-93.9 %6.4 %
Economic value added (EVA)-1 315.38-1 635.61-1 944.26-1 816.65- 720.13
Solvency
Equity ratio90.9 %96.4 %95.0 %84.1 %84.5 %
Gearing10.0 %3.7 %5.2 %18.9 %18.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.16.31.21.41.2
Current ratio0.16.31.21.41.2
Cash and cash equivalents21.30777.78171.961.0139.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:7.00%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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