Two Degrees Office ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Two Degrees Office ApS
Two Degrees Office ApS (CVR number: 43182560) is a company from AARHUS. The company recorded a gross profit of 669 kDKK in 2024. The operating profit was 989.4 kDKK, while net earnings were -225.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Two Degrees Office ApS's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -11.44 | 108.00 | 668.98 |
EBIT | -11.44 | 108.00 | 989.40 |
Net earnings | -9.47 | - 584.25 | - 225.66 |
Shareholders equity total | 30.53 | - 553.72 | 6 720.62 |
Balance sheet total (assets) | 14 527.16 | 15 108.92 | 14 961.39 |
Net debt | 14 452.55 | 14 949.39 | 8 053.66 |
Profitability | |||
EBIT-% | |||
ROA | -0.1 % | 0.7 % | 6.5 % |
ROE | -31.0 % | -7.7 % | -2.1 % |
ROI | -0.1 % | 0.7 % | 6.5 % |
Economic value added (EVA) | -8.93 | - 621.06 | 236.24 |
Solvency | |||
Equity ratio | 0.2 % | -3.5 % | 44.9 % |
Gearing | 47452.3 % | -2806.8 % | 122.0 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 4.6 | 5.1 | 2.1 |
Current ratio | 4.6 | 5.1 | 2.1 |
Cash and cash equivalents | 35.60 | 592.64 | 147.79 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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