C.E. HOLDING A/S. KOLDING — Credit Rating and Financial Key Figures
Credit rating
Company information
About C.E. HOLDING A/S. KOLDING
C.E. HOLDING A/S. KOLDING (CVR number: 19943011) is a company from VEJLE. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 21.8 % compared to the previous year. The operating profit percentage was at 11.5 % (EBIT: 0 mDKK), while net earnings were -83.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. C.E. HOLDING A/S. KOLDING's liquidity measured by quick ratio was 3.7 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 | 437.54 | 433.07 | 470.24 | 277.90 | 338.41 |
| Gross profit | 386.81 | 368.71 | 377.74 | 210.49 | 141.72 |
| EBIT | 155.86 | 235.26 | 290.59 | 120.26 | 39.06 |
| Net earnings | 77.08 | 81.99 | 92.77 | -41.08 | -83.54 |
| Shareholders equity total | 1 747.14 | 1 716.13 | 1 694.50 | 1 535.62 | 1 330.08 |
| Balance sheet total (assets) | 1 989.92 | 1 983.15 | 2 123.42 | 1 926.52 | 1 687.16 |
| Net debt | - 514.21 | - 628.01 | - 789.75 | - 813.23 | - 737.25 |
| Profitability | |||||
| EBIT-% | 35.6 % | 54.3 % | 61.8 % | 43.3 % | 11.5 % |
| ROA | 6.3 % | 8.6 % | 9.1 % | 0.1 % | -2.8 % |
| ROE | 4.4 % | 4.7 % | 5.4 % | -2.5 % | -5.8 % |
| ROI | 7.2 % | 9.9 % | 10.7 % | 0.1 % | -3.4 % |
| Economic value added (EVA) | 31.90 | 95.48 | 129.81 | 4.98 | -51.37 |
| Solvency | |||||
| Equity ratio | 87.8 % | 86.5 % | 79.8 % | 79.7 % | 78.8 % |
| Gearing | 3.5 % | 3.5 % | 3.7 % | ||
| Relative net indebtedness % | -62.0 % | -83.4 % | -90.6 % | -173.6 % | -128.4 % |
| Liquidity | |||||
| Quick ratio | 3.8 | 3.9 | 3.1 | 3.4 | 3.7 |
| Current ratio | 3.8 | 3.9 | 3.1 | 3.4 | 3.7 |
| Cash and cash equivalents | 514.21 | 628.01 | 848.29 | 867.56 | 786.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 6.2 | ||||
| Net working capital % | 51.0 % | 81.8 % | 105.6 % | 176.5 % | 136.3 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | A | BBB | BBB |
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