C10 HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C10 HOLDING ApS
C10 HOLDING ApS (CVR number: 19566234) is a company from ESBJERG. The company recorded a gross profit of -126.9 kDKK in 2023. The operating profit was -195.9 kDKK, while net earnings were -250.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. C10 HOLDING ApS's liquidity measured by quick ratio was 21.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 126.94 | 165.33 | 124.96 | 51.23 | - 126.88 |
EBIT | 57.18 | 95.57 | 55.20 | -17.78 | - 195.89 |
Net earnings | 87.62 | 129.58 | 86.54 | 9.52 | - 250.29 |
Shareholders equity total | 1 326.58 | 1 456.15 | 1 542.69 | 1 552.22 | 1 301.92 |
Balance sheet total (assets) | 5 175.61 | 5 153.79 | 5 095.24 | 4 945.33 | 4 591.54 |
Net debt | 3 772.99 | 3 631.75 | 3 461.60 | 3 337.91 | 3 216.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 3.1 % | 2.4 % | 1.0 % | -2.6 % |
ROE | 6.8 % | 9.3 % | 5.8 % | 0.6 % | -17.5 % |
ROI | 2.4 % | 3.2 % | 2.4 % | 1.0 % | -2.6 % |
Economic value added (EVA) | - 193.30 | - 152.84 | - 192.89 | - 261.51 | - 434.59 |
Solvency | |||||
Equity ratio | 25.6 % | 28.3 % | 30.3 % | 31.4 % | 28.4 % |
Gearing | 285.7 % | 250.0 % | 226.5 % | 215.8 % | 249.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.3 | 16.1 | 15.8 | 17.8 | 21.6 |
Current ratio | 15.3 | 16.1 | 15.8 | 17.8 | 21.6 |
Cash and cash equivalents | 17.12 | 9.18 | 32.32 | 11.58 | 26.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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