NN2 ApS — Credit Rating and Financial Key Figures

CVR number: 36545399
Valby Langgade 126, 2500 Valby

Credit rating

Company information

Official name
NN2 ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry

About NN2 ApS

NN2 ApS (CVR number: 36545399) is a company from KØBENHAVN. The company recorded a gross profit of 533.9 kDKK in 2023. The operating profit was 60.4 kDKK, while net earnings were 47.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NN2 ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 437.66
Gross profit366.59303.79696.47533.86
EBIT-90.38- 180.34- 250.30138.4560.40
Net earnings-90.38- 180.34- 250.72107.9947.11
Shareholders equity total-4.85- 166.38- 200.72-42.264.85
Balance sheet total (assets)528.18329.44359.93431.56455.99
Net debt172.1872.8692.73139.58210.36
Profitability
EBIT-%-6.3 %
ROA-14.3 %-35.1 %-47.4 %26.8 %13.0 %
ROE-28.5 %-42.1 %-72.7 %27.3 %21.6 %
ROI-21.3 %-85.9 %-152.3 %62.2 %22.0 %
Economic value added (EVA)-82.80- 173.00- 240.25124.5853.41
Solvency
Equity ratio-0.9 %-33.6 %-35.8 %-8.9 %1.1 %
Gearing-6468.7 %-64.1 %-110.6 %-527.1 %6637.4 %
Relative net indebtedness %27.3 %
Liquidity
Quick ratio0.30.10.20.20.4
Current ratio0.50.30.40.50.6
Cash and cash equivalents141.2333.73129.3683.18111.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-17.9 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.06%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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