Credit rating
Company information
About C2X A/S
C2X A/S (CVR number: 43268570) is a company from KØBENHAVN. The company recorded a gross profit of -12708 kUSD in 2023. The operating profit was -18.1 mUSD, while net earnings were -17.3 mUSD. The profitability of the company measured by Return on Assets (ROA) was -42.2 %, which can be considered poor and Return on Equity (ROE) was -52.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C2X A/S's liquidity measured by quick ratio was 7.6 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -22 299.00 | -12 708.00 |
EBIT | -22 659.00 | -18 087.00 |
Net earnings | -19 318.00 | -17 296.00 |
Shareholders equity total | -4 618.00 | 43 586.00 |
Balance sheet total (assets) | 21 834.00 | 48 347.00 |
Net debt | 24 612.00 | -31 576.00 |
Profitability | ||
EBIT-% | ||
ROA | -82.5 % | -42.2 % |
ROE | -88.5 % | -52.9 % |
ROI | -88.6 % | -49.7 % |
Economic value added (EVA) | -19 666.92 | -17 926.34 |
Solvency | ||
Equity ratio | -17.5 % | 90.2 % |
Gearing | -533.0 % | 0.0 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.8 | 7.6 |
Current ratio | 0.8 | 7.6 |
Cash and cash equivalents | 31 592.00 | |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | BB |
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