CIM INTERCONN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CIM INTERCONN A/S
CIM INTERCONN A/S (CVR number: 29524017) is a company from STRUER. The company recorded a gross profit of -38.4 kDKK in 2023. The operating profit was -38.4 kDKK, while net earnings were -3075.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.3 %, which can be considered poor and Return on Equity (ROE) was -58.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CIM INTERCONN A/S's liquidity measured by quick ratio was 89.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -28.07 | -21.65 | -18.64 | -16.48 | -38.38 |
EBIT | -28.07 | -21.65 | -18.64 | -16.48 | -38.38 |
Net earnings | - 269.85 | - 265.31 | - 290.29 | - 304.00 | -3 075.79 |
Shareholders equity total | -10 454.03 | -10 719.34 | -11 009.63 | -11 313.62 | -14 389.41 |
Balance sheet total (assets) | 6 617.78 | 6 620.11 | 6 626.60 | 6 628.20 | 3 948.44 |
Net debt | 17 051.76 | 17 320.96 | 17 616.33 | 17 924.16 | 18 320.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | -0.1 % | -0.1 % | -0.1 % | -15.3 % |
ROE | -4.1 % | -4.0 % | -4.4 % | -4.6 % | -58.2 % |
ROI | -0.2 % | -0.1 % | -0.1 % | -0.1 % | -15.3 % |
Economic value added (EVA) | 755.50 | 773.69 | 789.32 | 805.71 | 803.93 |
Solvency | |||||
Equity ratio | 23.4 % | 19.3 % | 14.9 % | 10.4 % | -37.7 % |
Gearing | -163.1 % | -161.6 % | -160.0 % | -158.5 % | -127.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 71.4 | 74.4 | 78.6 | 93.8 | 89.3 |
Current ratio | 71.4 | 74.4 | 78.6 | 93.8 | 89.3 |
Cash and cash equivalents | 1.28 | 0.43 | 2.73 | 3.27 | 1.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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