2M-TRADE ApS — Credit Rating and Financial Key Figures

CVR number: 30734718
Solbyen 96, 9000 Aalborg
tel: 22491839

Credit rating

Company information

Official name
2M-TRADE ApS
Established
2007
Company form
Private limited company
Industry

About 2M-TRADE ApS

2M-TRADE ApS (CVR number: 30734718) is a company from AALBORG. The company recorded a gross profit of 1.8 kDKK in 2016. The operating profit was -2.1 kDKK, while net earnings were -11.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -15.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 2M-TRADE ApS's liquidity measured by quick ratio was 1 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
2016
Volume
Net sales
Gross profit1.85
EBIT-2.05
Net earnings-11.50
Shareholders equity total75.05
Balance sheet total (assets)360.30
Net debt-1.90
Profitability
EBIT-%
ROA-0.6 %
ROE-15.3 %
ROI-0.6 %
Economic value added (EVA)-1.81
Solvency
Equity ratio20.8 %
Gearing341.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.0
Current ratio1.2
Cash and cash equivalents258.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:-0.57%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.8%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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