C2M ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C2M ApS
C2M ApS (CVR number: 19044432) is a company from RUDERSDAL. The company recorded a gross profit of -11.4 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were 128.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42 %, 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. C2M ApS's liquidity measured by quick ratio was 14.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 17.14 | 44.36 | 0.17 | ||
Gross profit | 10.14 | 36.36 | -6.61 | 58.51 | -11.38 |
EBIT | 10.14 | 375.95 | 7.50 | 58.51 | -11.38 |
Net earnings | - 147.03 | 322.31 | 9.71 | 35.81 | 128.29 |
Shareholders equity total | 801.89 | 1 124.20 | 1 133.92 | 1 169.72 | 1 298.02 |
Balance sheet total (assets) | 2 449.40 | 3 785.85 | 3 026.41 | 3 441.15 | 3 094.15 |
Net debt | - 265.74 | - 111.16 | 820.34 | 2 007.73 | 1 627.22 |
Profitability | |||||
EBIT-% | 59.2 % | 847.5 % | 4337.0 % | ||
ROA | 0.4 % | 13.0 % | 0.6 % | 2.4 % | 3.5 % |
ROE | -16.8 % | 33.5 % | 0.9 % | 3.1 % | 10.4 % |
ROI | 0.4 % | 13.2 % | 0.6 % | 2.5 % | 3.6 % |
Economic value added (EVA) | 30.82 | 341.39 | -6.65 | 131.91 | 26.67 |
Solvency | |||||
Equity ratio | 32.7 % | 29.7 % | 38.0 % | 34.4 % | 42.0 % |
Gearing | 4.2 % | 161.9 % | 185.0 % | 133.4 % | |
Relative net indebtedness % | 7862.7 % | 5749.8 % | 506911.0 % | ||
Liquidity | |||||
Quick ratio | 19.2 | 24.5 | 73.3 | 19.9 | 14.6 |
Current ratio | 19.2 | 24.5 | 18.1 | 12.0 | 14.6 |
Cash and cash equivalents | 299.60 | 111.16 | 1 015.54 | 156.15 | 104.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3 853.1 | 7 608.9 | |||
Net working capital % | 2657.5 % | 3861.4 % | 560572.8 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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