CMT Nørresundby A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CMT Nørresundby A/S
CMT Nørresundby A/S (CVR number: 37368342K) is a company from AALBORG. The company recorded a gross profit of 52.3 mDKK in 2023. The operating profit was -891.2 kDKK, while net earnings were -1292.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. CMT Nørresundby A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 45 027.50 | 54 192.70 | 52 346.11 |
EBIT | 5 573.41 | 7 182.65 | - 891.24 |
Net earnings | 3 884.95 | 5 140.46 | -1 292.92 |
Shareholders equity total | 14 019.43 | 15 159.89 | 8 766.97 |
Balance sheet total (assets) | 36 289.63 | 37 231.97 | 39 528.26 |
Net debt | 843.61 | -1 984.19 | 4 817.79 |
Profitability | |||
EBIT-% | |||
ROA | 15.4 % | 19.6 % | -2.3 % |
ROE | 27.7 % | 35.2 % | -10.8 % |
ROI | 19.6 % | 24.6 % | -2.9 % |
Economic value added (EVA) | 4 118.89 | 4 810.46 | -1 330.84 |
Solvency | |||
Equity ratio | 38.6 % | 40.7 % | 22.2 % |
Gearing | 26.7 % | 21.5 % | 70.8 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.3 | 1.6 | 1.2 |
Current ratio | 1.3 | 1.6 | 1.2 |
Cash and cash equivalents | 2 901.27 | 5 246.65 | 1 392.14 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | AA | AA | A |
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