C2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41756063
Bakkekammen 10, 8240 Risskov

Credit rating

Company information

Official name
C2020 ApS
Established
2020
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales13.00149.00218.00131.00212.17
Gross profit9.00143.00215.00127.00208.54
EBIT9.00143.00215.00127.00208.54
Net earnings9.00142.00215.00126.00207.97
Shareholders equity total49.00191.00407.00474.00620.34
Balance sheet total (assets)54.00202.00481.00611.00798.81
Net debt7.0050.00107.0076.67
Profitability
EBIT-%69.2 %96.0 %98.6 %96.9 %98.3 %
ROA16.7 %111.7 %63.0 %23.3 %29.7 %
ROE18.4 %118.3 %71.9 %28.6 %38.0 %
ROI18.0 %115.3 %65.6 %23.9 %31.3 %
Economic value added (EVA)9.00143.90224.70149.77236.74
Solvency
Equity ratio90.7 %94.6 %84.6 %77.6 %77.7 %
Gearing2.0 %3.7 %12.3 %28.1 %17.7 %
Relative net indebtedness %30.8 %7.4 %33.9 %84.7 %68.5 %
Liquidity
Quick ratio0.20.30.60.6
Current ratio0.20.30.60.6
Cash and cash equivalents1.0026.0033.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-30.8 %-7.4 %-24.3 %-44.3 %-29.6 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:29.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.7%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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