CBC Morkland ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CBC Morkland ApS
CBC Morkland ApS (CVR number: 36925353) is a company from STEVNS. The company recorded a gross profit of 370 kDKK in 2023. The operating profit was -147.3 kDKK, while net earnings were -120.9 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 -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CBC Morkland ApS's liquidity measured by quick ratio was 1.7 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 | 1 986.46 | 1 471.37 | 1 526.75 | 689.53 | 369.99 |
EBIT | 773.50 | 417.54 | 478.31 | - 563.00 | - 147.27 |
Net earnings | 562.60 | 312.67 | 369.31 | - 435.80 | - 120.93 |
Shareholders equity total | 860.32 | 1 062.39 | 1 318.69 | 768.49 | 529.77 |
Balance sheet total (assets) | 1 491.15 | 1 782.58 | 1 910.03 | 1 124.19 | 795.71 |
Net debt | - 316.70 | - 837.26 | - 144.94 | 45.15 | 164.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 56.4 % | 24.9 % | 27.2 % | -35.6 % | -15.3 % |
ROE | 97.2 % | 32.5 % | 31.0 % | -41.8 % | -18.6 % |
ROI | 67.0 % | 35.3 % | 37.1 % | -46.0 % | -18.8 % |
Economic value added (EVA) | 552.25 | 299.43 | 353.16 | - 499.48 | - 151.93 |
Solvency | |||||
Equity ratio | 57.7 % | 59.6 % | 69.0 % | 68.4 % | 66.6 % |
Gearing | 3.3 % | 1.9 % | 3.8 % | 12.9 % | 31.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.6 | 2.6 | 2.0 | 1.7 |
Current ratio | 0.9 | 1.6 | 2.6 | 2.0 | 1.7 |
Cash and cash equivalents | 345.50 | 857.33 | 195.45 | 54.14 | 1.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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