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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  8.0% 11.2% 9.8% 12.1% 8.9%  
Credit score (0-100)  32 22 24 19 26  
Credit rating  BB BB BB BB BB  
Credit limit (kDKK)  0.0 -0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  366 208 414 407 431  
EBITDA  2.9 -119 37.0 72.0 35.0  
EBIT  -16.2 -144 11.8 59.8 22.8  
Pre-tax profit (PTP)  -16.3 -144.5 11.2 59.6 22.8  
Net earnings  -13.2 -113.5 6.8 44.7 17.2  
Pre-tax profit without non-rec. items  -16.3 -145 11.2 59.6 22.8  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  50.4 63.2 38.0 25.8 13.6  
Shareholders equity total  91.0 -22.5 34.3 74.0 66.2  
Interest-bearing liabilities  146 203 137 80.6 61.2  
Balance sheet total (assets)  296 213 224 205 188  

Net Debt  92.1 167 59.9 -4.4 -24.5  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  366 208 414 407 431  
Gross profit growth  26.1% -43.3% 99.7% -1.9% 6.0%  
Employees  2 2 2 2 2  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  296 213 224 205 188  
Balance sheet change%  -7.9% -28.1% 5.2% -8.3% -8.3%  
Added value  2.9 -118.5 37.0 85.0 35.0  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -8 -12 -50 -24 -24  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -3.0 -4.0 1.0 2.0 3.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  -4.4% -69.3% 2.9% 14.7% 5.3%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  -5.3% -54.1% 5.1% 27.9% 11.6%  
ROI %  -6.2% -65.3% 6.3% 36.7% 16.2%  
ROE %  -15.5% -74.7% 5.5% 82.6% 24.5%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  30.7% -9.6% 15.3% 36.1% 35.2%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  3,199.0% -140.9% 161.9% -6.1% -70.1%  
Gearing %  160.5% -902.1% 398.1% 108.9% 92.5%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.5% 0.4% 0.2% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.8 3.7 2.9 2.9 2.4  
Current Ratio  1.8 3.7 2.9 2.9 2.4  
Cash and cash equivalent  54.0 36.0 76.6 85.0 85.7  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  46.6 86.3 101.8 97.8 82.7  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  1 -59 19 43 17  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  1 -59 19 36 17  
EBIT / employee  -8 -72 6 30 11  
Net earnings / employee  -7 -57 3 22 9