Ccl Label A/S
Tjærbyvej 90, 8930 Randers NØ, CVR 15512415
Rank Profit for the year
Rank in industry
1/42
"Top 10%"
Rank in Denmark
3,095/322,520
"Top 10%"
Top management Top 3
| Brian Kluge 1 | CEO |
Board Top 3
| Lee Gerard Pretsell 2 | Chairman of board |
| Martin Aron Rasmussen 1 | Boardmember |
| Günther Johann Birkner 1 | Boardmember |
Legal owners Top 3
Rights certificate
Selskabet tegnes af bestyrelsens formand sammen med en direktør eller af den samlede bestyrelse
Company information based on CVR
| Name | Ccl Label A/S |
|---|---|
| Alternate names | Ccl Label Systems (Scandinavia) A/S, Ccl Security A/S, Ccl Sikkerhedssystemer A/S, Syrinx A/S, Avery Label Systems (Scandinavia) A/S, Avery Maskinsystemer A/S, Avery Printersystemer A/S, Avery Security A/S, Avery Sikkerhedssystemer A/S, Ccl Iwaco A/S, Foodprint A/S Show more |
| CVR | 15512415 |
| Address | Tjærbyvej 90, 8930 Randers NØ |
| Industry | Manufacture of other articles of paper and paperboard [172900] |
| Established | 27-02-1960 (62 yr) |
| Company type | Limited Corporation |
| Number of employees | 158 (man years:147) |
| Advertising protection | No |
| Auditor | Kpmg P/S since 07-07-2014 |
| Financial statement period | 01-01 to 31-12 |
| Company capital | 13,000,000 DKK 12,500,000 DKK (27-06-2018 - 27-12-2018) 12,000,000 DKK (21-09-2004 - 26-06-2018) 6,000,000 DKK (30-08-1987 - 20-09-2004) |
| Articles of assoc. last | 28-12-2018 |
Member of industries
- Manufacture of other articles of paper and paperboard NACE6 containing 69 comp.
- Manufacture of articles of paper and paperboardNACE3 containing 167 comp.
- Manufacture of paper and paper productsNACE2 containing 179 comp.
- ManufacturingNACE1 containing 26,991 comp.
Purpose
Selskabets formål er fabrikation og handel.
Financial Statement
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Currency/unit | 000' DKK | 000' DKK | 000' DKK |
| Revenue | - - | - - | - - |
| Gross Profit | 32,939 -15% | 38,724 -20% | 48,425 -7% |
| Profit for the year | 52,950 - | -71 - | 3,168 +55% |
| Equity | 309,345 +21% | 256,395 0% | 256,466 - |
| Total Assets | 552,137 +52% | 362,215 -1% | 364,865 +95% |
Mangement review
Financial instruments
The Company's goals and policies for management of financial risks
The Company's risk exposure
In 2020. the Company acquired the company Graphic West International ApS, now operating under the name of CCL Specialty Cartons ApS, to strengthen its market position.
Furthermore, investments in machinery and equipment amounted to DKK 6,875 thousand for the year.
CCL Label A/S has continuously given product development high priority and developed several new products during the year. Product development partly takes place in cooperation with customers and partly at the Company's own account in order to secure a successful outcome for the products developed.
As a Canadian owned company, we are in full compliance with Bill 198.
Activities are primarily settled in DKK, EUR and SEK. Foreign exchange translations are deemed not to have any significant impact on results.
The Company's income statement for 2020 shows a profit of DKK 52,949,715 as against a loss of DKK 70,943 in 2019, recognised income from group entities amounts to DKK 51,500,014 against DKK 0 in 2019. Equity in the Company's balance sheet at 31 December 2020 stood at DKK 309,344,568 as against DKK 256,394,853 at 31 December 2019. The business delivered positive growth, which was up on expectations, founded in a revived strategy, and earnings are positive in line with expectations. Equity of the German subsidiary is significantly higher than the recognised carrying amount of the investment. Based on this, Management considers capital resources sound.
The Company's income statement for 2020 shows a profit of DKK 52,949,715 as against a loss of DKK 70,943 in 2019, recognised income from group entities amounts to DKK 51,500,014 against DKK 0 in 2019. Equity in the Company's balance sheet at 31 December 2020 stood at DKK 309,344,568 as against DKK 256,394,853 at 31 December 2019. The business delivered positive growth, which was up on expectations, founded in a revived strategy, and earnings are positive in line with expectations. Equity of the German subsidiary is significantly higher than the recognised carrying amount of the investment. Based on this, Management considers capital resources sound.
18-05-2021