2M HANDEL ApS

CVR number: 21687480
Viborgvej 43 B, 7500 Holstebro
post@2-m.dk
tel: 72112142

Credit rating

Company information

Official name
2M HANDEL ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About the company

2M HANDEL ApS (CVR number: 21687480) is a company from HOLSTEBRO. The company recorded a gross profit of 199.1 kDKK in 2019. The operating profit was 181.5 kDKK, while net earnings were 108.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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 HANDEL ApS's liquidity measured by quick ratio was 0.8 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
2016201720182019
Volume
Net sales
Gross profit372.37129.34255.33199.06
EBIT88.9417.13246.60181.54
Net earnings9.98-15.47125.60108.41
Shareholders equity total1 903.551 888.082 013.672 122.08
Balance sheet total (assets)3 430.654 979.985 190.145 937.72
Net debt1 256.462 545.291 260.881 759.81
Profitability
EBIT-%
ROA2.6 %0.9 %5.2 %3.4 %
ROE0.5 %-0.8 %6.4 %5.2 %
ROI2.7 %0.9 %6.6 %5.2 %
Economic value added (EVA)74.09-76.4540.96-14.49
Solvency
Equity ratio55.5 %37.9 %38.8 %35.7 %
Gearing71.1 %139.7 %67.2 %83.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.51.50.8
Current ratio2.21.71.71.5
Cash and cash equivalents96.7293.1691.624.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:3.44%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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