C-Line Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C-Line Holding ApS
C-Line Holding ApS (CVR number: 39905973) is a company from ESBJERG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -13.2 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C-Line Holding ApS's liquidity measured by quick ratio was 111.1 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 | -1.33 | ||||
EBIT | -1.33 | -3.02 | -13.21 | ||
Net earnings | 1 168.29 | 1 522.48 | 1 978.45 | 6 491.81 | 34.91 |
Shareholders equity total | 2 322.68 | 3 735.16 | 5 603.60 | 11 975.41 | 11 010.32 |
Balance sheet total (assets) | 2 322.68 | 3 845.16 | 5 909.34 | 12 291.15 | 11 110.32 |
Net debt | -1 098.16 | -2 082.35 | -2 511.93 | -8 217.15 | -8 061.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 50.3 % | 49.9 % | 45.9 % | 71.4 % | 1.0 % |
ROE | 50.3 % | 50.3 % | 42.4 % | 73.9 % | 0.3 % |
ROI | 50.3 % | 50.8 % | 47.9 % | 73.9 % | 1.1 % |
Economic value added (EVA) | -1.33 | -50.25 | -44.72 | -83.00 | - 204.26 |
Solvency | |||||
Equity ratio | 100.0 % | 97.1 % | 94.8 % | 97.4 % | 99.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 28.0 | 14.4 | 38.9 | 111.1 | |
Current ratio | 28.0 | 14.4 | 38.9 | 111.1 | |
Cash and cash equivalents | 1 098.16 | 2 082.35 | 2 511.93 | 8 217.15 | 8 061.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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