CNC TEAM A/S
Credit rating
Company information
About CNC TEAM A/S
CNC TEAM A/S (CVR number: 32442897) is a company from HORSENS. The company recorded a gross profit of 13.2 mDKK in 2023. The operating profit was -1949.7 kDKK, while net earnings were -2168.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.9 %, which can be considered poor and Return on Equity (ROE) was -29.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.6 %, 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. CNC TEAM A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 363.27 | 10 700.91 | 16 093.52 | 17 263.74 | 13 230.63 |
EBIT | 605.38 | 1 538.51 | 3 850.11 | 3 638.59 | -1 949.66 |
Net earnings | 293.60 | 1 002.62 | 2 855.41 | 2 601.42 | -2 168.37 |
Shareholders equity total | 2 800.36 | 3 652.98 | 6 358.40 | 8 547.69 | 6 049.32 |
Balance sheet total (assets) | 13 241.69 | 12 723.46 | 19 126.60 | 22 296.96 | 21 171.64 |
Net debt | 3 908.65 | 1 085.29 | 3 654.75 | 5 291.26 | 4 658.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 11.9 % | 24.2 % | 17.6 % | -8.9 % |
ROE | 10.8 % | 31.1 % | 57.0 % | 34.9 % | -29.7 % |
ROI | 6.3 % | 15.2 % | 34.1 % | 23.1 % | -11.2 % |
Economic value added (EVA) | 329.43 | 1 053.75 | 2 816.66 | 2 508.20 | -1 977.44 |
Solvency | |||||
Equity ratio | 21.1 % | 28.7 % | 33.2 % | 38.3 % | 28.6 % |
Gearing | 139.6 % | 35.3 % | 57.5 % | 61.9 % | 77.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.7 | 0.8 | 0.5 |
Current ratio | 1.1 | 1.3 | 1.2 | 1.5 | 1.1 |
Cash and cash equivalents | 203.23 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | AA | AA | BBB |
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