C & C DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 108.23 | 676.42 | 265.50 | 123.50 | 113.00 |
Gross profit | 922.94 | 541.54 | 84.57 | -41.42 | 487.48 |
EBIT | 123.85 | - 217.09 | - 707.17 | - 780.33 | - 148.95 |
Net earnings | -1 072.01 | 639.57 | 228.44 | - 927.13 | 159.84 |
Shareholders equity total | 6 503.08 | 7 032.05 | 7 147.49 | 5 900.36 | 5 942.40 |
Balance sheet total (assets) | 6 660.10 | 7 308.71 | 7 262.70 | 6 028.36 | 5 999.62 |
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 % |
ROA | 4.5 % | 12.2 % | 7.1 % | -3.0 % | 13.6 % |
ROE | -15.0 % | 9.5 % | 3.2 % | -14.2 % | 2.7 % |
ROI | 4.6 % | 12.6 % | 7.3 % | -3.0 % | 13.7 % |
Economic value added (EVA) | 22.76 | - 205.95 | - 538.42 | - 807.36 | - 172.54 |
Solvency | |||||
Equity ratio | 97.6 % | 96.2 % | 98.4 % | 97.9 % | 99.0 % |
Gearing | 0.3 % | 0.3 % | 0.3 % | 1.5 % | 0.3 % |
Relative net indebtedness % | -508.8 % | -947.7 % | -2368.9 % | -4047.5 % | -4694.1 % |
Liquidity | |||||
Quick ratio | 39.4 | 24.2 | 58.1 | 42.6 | 99.6 |
Current ratio | 39.4 | 24.2 | 58.1 | 42.6 | 99.6 |
Cash and cash equivalents | 5 795.39 | 6 687.30 | 6 404.66 | 5 126.70 | 5 361.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 290.2 % | 100.1 % | 548.9 % | 671.8 % | 1052.5 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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