CM BIOMASS PARTNERS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CM BIOMASS PARTNERS A/S
CM BIOMASS PARTNERS A/S (CVR number: 32283853) is a company from KØBENHAVN. The company reported a net sales of 798.5 mEUR in 2022, demonstrating a growth of 12.9 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 46.5 mEUR), while net earnings were 26.1 mEUR. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CM BIOMASS PARTNERS A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 220.27 | 362.32 | 405.50 | 707.25 | 798.53 |
Gross profit | 7.73 | 14.98 | 22.61 | 50.78 | 58.69 |
EBIT | 5.78 | 11.97 | 18.92 | 40.88 | 46.49 |
Net earnings | 3.99 | 8.25 | 13.44 | 28.62 | 26.15 |
Shareholders equity total | 13.15 | 21.74 | 37.80 | 58.16 | 82.75 |
Balance sheet total (assets) | 42.40 | 80.17 | 100.54 | 138.62 | 216.68 |
Net debt | 20.72 | 38.39 | 36.91 | 37.23 | 84.90 |
Profitability | |||||
EBIT-% | 2.6 % | 3.3 % | 4.7 % | 5.8 % | 5.8 % |
ROA | 14.6 % | 19.4 % | 21.3 % | 32.8 % | 23.2 % |
ROE | 36.6 % | 47.3 % | 45.1 % | 59.6 % | 37.1 % |
ROI | 19.9 % | 25.1 % | 28.5 % | 45.5 % | 31.1 % |
Economic value added (EVA) | 4.04 | 8.66 | 13.63 | 30.01 | 33.74 |
Solvency | |||||
Equity ratio | 31.0 % | 27.1 % | 37.6 % | 42.0 % | 38.5 % |
Gearing | 158.1 % | 176.8 % | 97.8 % | 64.2 % | 102.7 % |
Relative net indebtedness % | 13.2 % | 16.1 % | 15.4 % | 11.1 % | 16.8 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.8 | 0.7 | 0.5 |
Current ratio | 1.4 | 1.4 | 1.6 | 1.2 | 1.2 |
Cash and cash equivalents | 0.07 | 0.04 | 0.05 | 0.12 | 0.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.2 | 32.9 | 33.3 | 23.7 | 22.3 |
Net working capital % | 4.9 % | 5.4 % | 7.9 % | 2.6 % | 3.0 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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