C.C. CONTRACTOR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C.C. CONTRACTOR A/S
C.C. CONTRACTOR A/S (CVR number: 12117981) is a company from HERNING. The company reported a net sales of 951.1 mDKK in 2023, demonstrating a growth of 16.6 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 48.4 mDKK), while net earnings were 37.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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. C.C. CONTRACTOR A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 881.32 | 796.50 | 949.48 | 815.48 | 951.11 |
Gross profit | 881.32 | 796.50 | 949.48 | 78.74 | 75.07 |
EBIT | 881.32 | 796.50 | 949.48 | 54.34 | 48.41 |
Net earnings | 32.53 | 37.76 | 41.00 | 41.67 | 37.60 |
Shareholders equity total | 96.16 | 103.92 | 107.92 | 108.59 | 104.69 |
Balance sheet total (assets) | 309.12 | 330.44 | 381.30 | 310.93 | 356.48 |
Net debt | -34.29 | -28.07 | -46.24 | ||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 6.7 % | 5.1 % |
ROA | 305.4 % | 249.1 % | 266.8 % | 15.7 % | 14.7 % |
ROE | 37.2 % | 37.7 % | 38.7 % | 38.5 % | 35.3 % |
ROI | 305.4 % | 249.1 % | 266.8 % | 19.9 % | 27.7 % |
Economic value added (EVA) | 877.37 | 791.67 | 944.26 | 38.65 | 35.09 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 34.9 % | 29.4 % |
Gearing | 23.8 % | 41.6 % | |||
Relative net indebtedness % | -3.6 % | 14.2 % | 13.1 % | ||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | |||
Current ratio | 1.8 | 1.6 | |||
Cash and cash equivalents | 34.29 | 53.96 | 89.76 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 95.1 | 75.2 | |||
Net working capital % | 3.6 % | 16.3 % | 14.0 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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