CMSRE Porcelain ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CMSRE Porcelain ApS
CMSRE Porcelain ApS (CVR number: 32344593) is a company from AARHUS. The company recorded a gross profit of 27.5 mDKK in 2024. The operating profit was 45.3 mDKK, while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 11.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CMSRE Porcelain ApS's liquidity measured by quick ratio was 11 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 33 081.10 | 34 783.67 | 37 234.54 | 40 026.19 | 27 502.29 |
EBIT | 17 327.26 | 133 866.04 | 18 932.64 | - 116 949.69 | 45 302.29 |
Net earnings | 11 085.25 | 101 914.57 | 10 566.52 | - 106 435.90 | 13 063.38 |
Shareholders equity total | 266 022.43 | 352 936.99 | 328 503.51 | 190 567.61 | 69 390.42 |
Balance sheet total (assets) | 877 971.18 | 988 576.68 | 963 778.81 | 807 141.24 | 621 044.24 |
Net debt | 506 547.04 | 492 689.23 | 521 238.46 | 505 302.83 | 450 154.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 14.4 % | 1.9 % | -13.1 % | 6.4 % |
ROE | 3.7 % | 32.9 % | 3.1 % | -41.0 % | 10.1 % |
ROI | 2.0 % | 14.5 % | 2.0 % | -13.1 % | 6.4 % |
Economic value added (EVA) | -27 686.25 | 67 657.78 | -25 658.24 | - 132 794.51 | -1 851.33 |
Solvency | |||||
Equity ratio | 30.3 % | 35.7 % | 34.1 % | 24.1 % | 11.3 % |
Gearing | 198.5 % | 149.3 % | 161.0 % | 276.2 % | 673.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.6 | 0.5 | 11.0 |
Current ratio | 0.5 | 0.7 | 0.6 | 0.5 | 11.0 |
Cash and cash equivalents | 21 443.06 | 34 279.41 | 7 571.27 | 21 027.93 | 17 236.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | BBB | A |
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