C2SHORE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C2SHORE ApS
C2SHORE ApS (CVR number: 35487204) is a company from FREDERICIA. The company recorded a gross profit of -17.4 kDKK in 2024. The operating profit was -17.4 kDKK, while net earnings were 82.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C2SHORE ApS's liquidity measured by quick ratio was 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -23.09 | -20.81 | -24.55 | -18.23 | -17.40 |
| EBIT | -23.09 | -20.81 | -24.55 | -18.23 | -17.40 |
| Net earnings | 324.11 | -85.03 | -22.85 | 102.76 | 82.54 |
| Shareholders equity total | 955.60 | 759.97 | 623.12 | 611.87 | 572.41 |
| Balance sheet total (assets) | 1 050.88 | 883.79 | 744.99 | 731.78 | 687.94 |
| Net debt | -1 047.51 | - 853.68 | - 693.98 | - 709.83 | - 687.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 45.7 % | -1.7 % | -2.6 % | 18.0 % | 14.9 % |
| ROE | 38.2 % | -9.9 % | -3.3 % | 16.6 % | 13.9 % |
| ROI | 49.2 % | -1.9 % | -3.0 % | 21.5 % | 17.9 % |
| Economic value added (EVA) | -55.16 | -64.41 | -57.62 | -45.51 | -44.32 |
| Solvency | |||||
| Equity ratio | 90.9 % | 86.0 % | 83.6 % | 83.6 % | 83.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.0 | 7.1 | 6.1 | 6.1 | 6.0 |
| Current ratio | 11.0 | 7.1 | 6.1 | 6.1 | 6.0 |
| Cash and cash equivalents | 1 047.51 | 853.68 | 693.98 | 709.83 | 687.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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