C-Lund Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C-Lund Holding ApS
C-Lund Holding ApS (CVR number: 38420313) is a company from MIDDELFART. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 159.7 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 0.5 mDKK), while net earnings were 496.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C-Lund Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 413.24 | 413.63 | 658.56 | 195.23 | 507.05 |
Gross profit | 409.11 | 409.51 | 652.99 | 189.94 | 500.70 |
EBIT | 409.11 | 409.51 | 652.99 | 189.94 | 500.70 |
Net earnings | 388.06 | 394.62 | 647.71 | 186.51 | 496.80 |
Shareholders equity total | 1 250.24 | 1 644.86 | 2 292.56 | 2 479.07 | 2 975.87 |
Balance sheet total (assets) | 1 912.94 | 2 026.58 | 2 537.30 | 2 581.56 | 3 087.86 |
Net debt | 435.51 | 145.93 | - 152.16 | - 151.19 | - 150.44 |
Profitability | |||||
EBIT-% | 99.0 % | 99.0 % | 99.2 % | 97.3 % | 98.7 % |
ROA | 24.0 % | 20.8 % | 28.6 % | 7.4 % | 17.7 % |
ROE | 36.7 % | 27.3 % | 32.9 % | 7.8 % | 18.2 % |
ROI | 27.6 % | 23.6 % | 32.0 % | 8.0 % | 18.4 % |
Economic value added (EVA) | 461.55 | 483.13 | 717.68 | 273.10 | 578.99 |
Solvency | |||||
Equity ratio | 65.4 % | 81.2 % | 90.4 % | 96.0 % | 96.4 % |
Gearing | 34.8 % | 8.9 % | |||
Relative net indebtedness % | 160.4 % | 92.3 % | 14.1 % | -24.9 % | -7.6 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.5 | 1.3 | ||
Current ratio | 0.6 | 1.5 | 1.3 | ||
Cash and cash equivalents | 152.16 | 151.19 | 150.44 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -127.6 % | -57.0 % | -14.1 % | 24.9 % | 7.6 % |
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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