2T Properties ApS — Credit Rating and Financial Key Figures

CVR number: 31158079
Industrivej 45, Stilling 8660 Skanderborg

Company information

Official name
2T Properties ApS
Established
2007
Domicile
Stilling
Company form
Private limited company
Industry

About 2T Properties ApS

2T Properties ApS (CVR number: 31158079) is a company from SKANDERBORG. The company recorded a gross profit of 3365.4 kDKK in 2023. The operating profit was 2390.5 kDKK, while net earnings were 1567.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48 %, 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. 2T Properties ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit425.43783.723 636.493 473.253 365.41
EBIT307.55657.382 667.582 503.142 390.54
Net earnings195.55471.051 758.711 737.811 567.53
Shareholders equity total1 318.621 792.6215 087.7016 825.5118 393.04
Balance sheet total (assets)4 843.605 200.7039 625.1538 662.3338 345.68
Net debt2 921.882 595.4919 378.0116 245.1013 887.77
Profitability
EBIT-%
ROA6.3 %13.1 %12.3 %6.4 %6.2 %
ROE16.0 %30.3 %20.8 %10.9 %8.9 %
ROI6.7 %14.1 %13.1 %6.8 %6.7 %
Economic value added (EVA)41.38316.061 878.07361.21331.23
Solvency
Equity ratio27.2 %34.5 %38.1 %43.5 %48.0 %
Gearing221.6 %144.8 %129.2 %96.6 %75.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.00.0
Current ratio0.00.10.00.00.0
Cash and cash equivalents0.02113.770.1238.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.21%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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