2XU Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39390361
Lyskær 3 C, 2730 Herlev

Company information

Official name
2XU Denmark ApS
Established
2018
Company form
Private limited company
Industry

About 2XU Denmark ApS

2XU Denmark ApS (CVR number: 39390361) is a company from HERLEV. The company recorded a gross profit of 601.4 kDKK in 2019. The operating profit was 598.5 kDKK, while net earnings were 494.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.8 %, which can be considered excellent and Return on Equity (ROE) was 132 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, 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. 2XU Denmark 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
2018
2019
Volume
Net sales
Gross profit467.41601.35
EBIT- 452.73598.49
Net earnings- 468.03494.54
Shareholders equity total- 418.0376.51
Balance sheet total (assets)672.58540.58
Net debt290.53210.90
Profitability
EBIT-%
ROA-41.4 %74.8 %
ROE-69.6 %132.0 %
ROI-56.8 %106.0 %
Economic value added (EVA)- 468.05536.28
Solvency
Equity ratio-38.3 %14.2 %
Gearing-189.9 %366.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.2
Current ratio0.61.2
Cash and cash equivalents503.1069.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:74.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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