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: 37368342) is a company from AALBORG. The company recorded a gross profit of 6835.4 kDKK in 2023. The operating profit was 2281.9 kDKK, while net earnings were -1292.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, 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 29.2 %, 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 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 509.60 | 5 111.81 | 6 118.69 | 6 408.21 | 6 835.36 |
EBIT | 1 040.63 | 951.56 | 1 735.38 | 1 869.45 | 2 281.87 |
Net earnings | 2 895.76 | 3 533.35 | 3 884.95 | 5 140.46 | -1 292.92 |
Shareholders equity total | 13 051.13 | 13 584.48 | 14 019.43 | 15 159.89 | 8 766.97 |
Balance sheet total (assets) | 32 308.14 | 29 413.24 | 29 703.22 | 29 998.39 | 30 061.91 |
Net debt | 5 207.11 | 4 276.18 | 4 383.42 | 2 908.92 | 1 914.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.5 % | 12.9 % | 15.1 % | 19.3 % | -1.4 % |
ROE | 22.6 % | 26.5 % | 28.1 % | 35.2 % | -10.8 % |
ROI | 10.6 % | 13.2 % | 15.4 % | 19.5 % | -1.4 % |
Economic value added (EVA) | 917.74 | 744.27 | 1 337.32 | 1 381.79 | 1 633.55 |
Solvency | |||||
Equity ratio | 40.4 % | 46.2 % | 47.2 % | 50.5 % | 29.2 % |
Gearing | 42.7 % | 35.2 % | 35.0 % | 21.5 % | 37.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.6 | 0.7 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.6 | 0.7 |
Cash and cash equivalents | 369.77 | 499.17 | 521.48 | 353.54 | 1 380.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | A |
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