Company type
Limited Corporation
Established
1960
Size
Medium
Employees
145
Revenue
- DKK
Gross profit
33 MDKK
Operating Profit (EBIT)
2,715,732 DKK
Profit for the year
53 MDKK
Equity
309 MDKK
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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

Board Top 3

Lee Gerard Pretsell 2Chairman of board
Martin Aron Rasmussen 1Boardmember
Günther Johann Birkner 1Boardmember

Legal owners Top 3

100%CCL International Inc

Rights certificate

Selskabet tegnes af bestyrelsens formand sammen med en direktør eller af den samlede bestyrelse

Company information based on CVR

NameCcl Label A/S
Alternate namesCcl 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
CVR15512415
AddressTjærbyvej 90, 8930 Randers NØ
IndustryManufacture of other articles of paper and paperboard [172900]
Established27-02-1960 (62 yr)
Company typeLimited Corporation
Number of employees158 (man years:147)
Advertising protectionNo
AuditorKpmg P/S since 07-07-2014
Financial statement period01-01 to 31-12
Company capital13,000,000 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. last28-12-2018

Member of industries

Purpose

Selskabets formål er fabrikation og handel.

Financial Statement

 202020192018
Currency/unit000' DKK000' DKK000' 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.
18-05-2021

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