C2 ELEMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 28972695
Plovgårdsvej 24, Bellinge 5250 Odense SV
tel: 66110048

Credit rating

Company information

Official name
C2 ELEMENTS ApS
Personnel
2 persons
Established
2005
Domicile
Bellinge
Company form
Private limited company
Industry

About C2 ELEMENTS ApS

C2 ELEMENTS ApS (CVR number: 28972695) is a company from ODENSE. The company recorded a gross profit of 3700.4 kDKK in 2023. The operating profit was 1961.2 kDKK, while net earnings were 1515.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent and Return on Equity (ROE) was 100.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. C2 ELEMENTS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 961.553 278.522 157.892 794.783 700.41
EBIT169.022 806.061 477.54172.101 961.17
Net earnings240.912 140.901 198.3783.961 515.36
Shareholders equity total2 323.943 964.84663.21747.172 262.53
Balance sheet total (assets)4 061.795 442.874 607.383 739.315 656.42
Net debt-1 239.07-4 514.77- 443.59- 515.05-1 794.96
Profitability
EBIT-%
ROA7.3 %59.6 %31.0 %4.8 %42.4 %
ROE8.0 %68.1 %51.8 %11.9 %100.7 %
ROI10.6 %80.1 %48.4 %8.4 %77.7 %
Economic value added (EVA)110.272 156.771 191.91213.081 544.65
Solvency
Equity ratio57.2 %72.8 %14.4 %24.2 %40.0 %
Gearing33.8 %273.4 %73.8 %25.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.40.82.41.4
Current ratio2.33.41.11.81.6
Cash and cash equivalents2 024.484 514.772 256.821 066.792 363.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:42.4%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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