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CN HOLDING, KALUNDBORG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CN HOLDING, KALUNDBORG A/S
CN HOLDING, KALUNDBORG A/S (CVR number: 26013674) is a company from KALUNDBORG. The company reported a net sales of 2.2 mDKK in 2024, demonstrating a growth of 22.1 % compared to the previous year. The operating profit percentage was at 83.1 % (EBIT: 1.8 mDKK), while net earnings were 1481.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CN HOLDING, KALUNDBORG A/S's liquidity measured by quick ratio was 558.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 5 494.01 | 1 050.46 | 965.00 | 1 813.45 | 2 214.70 |
| Gross profit | 5 494.01 | 1 050.46 | 965.00 | 1 457.03 | 1 839.34 |
| EBIT | 5 225.12 | 752.31 | 680.78 | 1 457.03 | 1 839.34 |
| Net earnings | 12 793.97 | - 837.72 | 6 704.10 | 12 518.80 | 1 481.88 |
| Shareholders equity total | 71 522.51 | 69 533.47 | 74 737.57 | 84 756.36 | 83 738.25 |
| Balance sheet total (assets) | 73 865.32 | 69 600.98 | 75 703.89 | 88 450.48 | 83 835.53 |
| Net debt | -42 447.03 | -39 873.74 | -46 498.61 | -58 113.91 | -53 604.21 |
| Profitability | |||||
| EBIT-% | 95.1 % | 71.6 % | 70.5 % | 80.3 % | 83.1 % |
| ROA | 23.1 % | 8.5 % | 13.3 % | 20.3 % | 8.4 % |
| ROE | 19.4 % | -1.2 % | 9.3 % | 15.7 % | 1.8 % |
| ROI | 23.5 % | 8.6 % | 13.4 % | 20.8 % | 8.6 % |
| Economic value added (EVA) | 1 465.40 | -3 136.86 | -2 946.71 | -2 583.17 | -2 198.85 |
| Solvency | |||||
| Equity ratio | 96.8 % | 99.9 % | 98.7 % | 95.8 % | 99.9 % |
| Gearing | 0.2 % | 0.7 % | |||
| Relative net indebtedness % | -732.0 % | -3789.4 % | -4718.4 % | -3032.2 % | -2416.0 % |
| Liquidity | |||||
| Quick ratio | 18.4 | 608.6 | 48.2 | 16.0 | 558.9 |
| Current ratio | 18.4 | 608.6 | 48.2 | 16.0 | 558.9 |
| Cash and cash equivalents | 42 560.93 | 39 873.74 | 46 498.61 | 58 681.86 | 53 604.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -25.9 % | 191.8 % | 31.9 % | -158.8 % | 57.1 % |
| Credit risk | |||||
| Credit rating | AA | A | AA | A | A |
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