C2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C2020 ApS
C2020 ApS (CVR number: 41756063) is a company from AARHUS. The company reported a net sales of 0.2 mDKK in 2024, demonstrating a growth of 62 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 0.2 mDKK), while net earnings were 208 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 38 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. C2020 ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13.00 | 149.00 | 218.00 | 131.00 | 212.17 |
Gross profit | 9.00 | 143.00 | 215.00 | 127.00 | 208.54 |
EBIT | 9.00 | 143.00 | 215.00 | 127.00 | 208.54 |
Net earnings | 9.00 | 142.00 | 215.00 | 126.00 | 207.97 |
Shareholders equity total | 49.00 | 191.00 | 407.00 | 474.00 | 620.34 |
Balance sheet total (assets) | 54.00 | 202.00 | 481.00 | 611.00 | 798.81 |
Net debt | 7.00 | 50.00 | 107.00 | 76.67 | |
Profitability | |||||
EBIT-% | 69.2 % | 96.0 % | 98.6 % | 96.9 % | 98.3 % |
ROA | 16.7 % | 111.7 % | 63.0 % | 23.3 % | 29.7 % |
ROE | 18.4 % | 118.3 % | 71.9 % | 28.6 % | 38.0 % |
ROI | 18.0 % | 115.3 % | 65.6 % | 23.9 % | 31.3 % |
Economic value added (EVA) | 9.00 | 143.90 | 224.70 | 149.77 | 236.74 |
Solvency | |||||
Equity ratio | 90.7 % | 94.6 % | 84.6 % | 77.6 % | 77.7 % |
Gearing | 2.0 % | 3.7 % | 12.3 % | 28.1 % | 17.7 % |
Relative net indebtedness % | 30.8 % | 7.4 % | 33.9 % | 84.7 % | 68.5 % |
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 0.6 | 0.6 | |
Current ratio | 0.2 | 0.3 | 0.6 | 0.6 | |
Cash and cash equivalents | 1.00 | 26.00 | 33.04 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -30.8 % | -7.4 % | -24.3 % | -44.3 % | -29.6 % |
Credit risk | |||||
Credit rating | BB | B | BBB | BBB | BBB |
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