Two Degrees Office ApS — Credit Rating and Financial Key Figures

CVR number: 43182560
Højmarkvej 26, 8270 Højbjerg

Credit rating

Company information

Official name
Two Degrees Office ApS
Established
2022
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-11.44108.00668.98
EBIT-11.44108.00989.40
Net earnings-9.47- 584.25- 225.66
Shareholders equity total30.53- 553.726 720.62
Balance sheet total (assets)14 527.1615 108.9214 961.39
Net debt14 452.5514 949.398 053.66
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- 621.06236.24
Solvency
Equity ratio0.2 %-3.5 %44.9 %
Gearing47452.3 %-2806.8 %122.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.65.12.1
Current ratio4.65.12.1
Cash and cash equivalents35.60592.64147.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:6.47%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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