C2H2 ApS — Credit Rating and Financial Key Figures

CVR number: 40055649
Langelinie 12 C, 8700 Horsens

Company information

Official name
C2H2 ApS
Established
2018
Company form
Private limited company
Industry

About C2H2 ApS

C2H2 ApS (CVR number: 40055649) is a company from HORSENS. The company recorded a gross profit of 1516.7 kDKK in 2023. The operating profit was 650.1 kDKK, while net earnings were 338.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. C2H2 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 468.621 400.771 424.951 469.001 516.67
EBIT529.79534.16558.34602.39650.05
Net earnings301.06313.63324.96277.22338.32
Shareholders equity total10 301.0610 313.6310 324.9610 277.2210 565.54
Balance sheet total (assets)24 486.9524 117.9624 693.5122 508.7921 459.15
Net debt- 143.02- 610.29-2 014.09- 710.71- 579.17
Profitability
EBIT-%
ROA2.2 %2.2 %2.3 %2.6 %3.0 %
ROE2.9 %3.0 %3.1 %2.7 %3.2 %
ROI5.1 %5.2 %5.4 %5.8 %6.3 %
Economic value added (EVA)372.20-95.30-52.0852.6126.41
Solvency
Equity ratio42.1 %42.8 %41.8 %45.7 %49.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.10.1
Current ratio0.00.00.10.10.1
Cash and cash equivalents143.02610.292 014.09710.71579.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.97%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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