C & C DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 14459588
Farvergårdsvej 21, 3210 Vejby
tel: 48141457

Company information

Official name
C & C DEVELOPMENT ApS
Personnel
2 persons
Established
1990
Company form
Private limited company
Industry

About C & C DEVELOPMENT ApS

C & C DEVELOPMENT ApS (CVR number: 14459588) is a company from GRIBSKOV. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -8.5 % compared to the previous year. The operating profit percentage was poor at -131.8 % (EBIT: -0.1 mDKK), while net earnings were 159.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C & C DEVELOPMENT ApS's liquidity measured by quick ratio was 99.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 108.23676.42265.50123.50113.00
Gross profit922.94541.5484.57-41.42487.48
EBIT123.85- 217.09- 707.17- 780.33- 148.95
Net earnings-1 072.01639.57228.44- 927.13159.84
Shareholders equity total6 503.087 032.057 147.495 900.365 942.40
Balance sheet total (assets)6 660.107 308.717 262.706 028.365 999.62
Net debt-5 778.29-6 665.01-6 382.24-5 039.29-5 345.59
Profitability
EBIT-%11.2 %-32.1 %-266.4 %-631.8 %-131.8 %
ROA4.5 %12.2 %7.1 %-3.0 %13.6 %
ROE-15.0 %9.5 %3.2 %-14.2 %2.7 %
ROI4.6 %12.6 %7.3 %-3.0 %13.7 %
Economic value added (EVA)22.76- 205.95- 538.42- 807.36- 172.54
Solvency
Equity ratio97.6 %96.2 %98.4 %97.9 %99.0 %
Gearing0.3 %0.3 %0.3 %1.5 %0.3 %
Relative net indebtedness %-508.8 %-947.7 %-2368.9 %-4047.5 %-4694.1 %
Liquidity
Quick ratio39.424.258.142.699.6
Current ratio39.424.258.142.699.6
Cash and cash equivalents5 795.396 687.306 404.665 126.705 361.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %290.2 %100.1 %548.9 %671.8 %1052.5 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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