CM NETWORK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CM NETWORK A/S
CM NETWORK A/S (CVR number: 33497431) is a company from AALBORG. The company recorded a gross profit of 23.2 kDKK in 2023. The operating profit was -26.2 kDKK, while net earnings were 237 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.4 %, 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 NETWORK 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 | 3 566.22 | 3 120.32 | 2 506.79 | 1 773.18 | 23.18 |
EBIT | 398.38 | - 212.21 | - 212.06 | - 206.36 | -26.16 |
Net earnings | 299.04 | - 209.70 | - 182.81 | - 194.26 | 237.03 |
Shareholders equity total | 3 999.89 | 3 491.15 | 3 308.34 | 3 114.07 | 3 981.64 |
Balance sheet total (assets) | 18 884.61 | 19 881.46 | 16 666.88 | 16 475.44 | 17 003.38 |
Net debt | 4 561.23 | 7 131.91 | 5 207.03 | 5 903.00 | 6 137.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | -1.3 % | -1.2 % | -1.4 % | -0.3 % |
ROE | 7.8 % | -5.6 % | -5.4 % | -6.0 % | 6.7 % |
ROI | 3.8 % | -2.1 % | -2.0 % | -2.5 % | -0.6 % |
Economic value added (EVA) | 556.08 | 86.84 | 71.71 | 56.33 | 169.93 |
Solvency | |||||
Equity ratio | 21.2 % | 17.6 % | 19.8 % | 18.9 % | 23.4 % |
Gearing | 174.1 % | 250.8 % | 188.9 % | 200.3 % | 156.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.5 | 0.6 | 0.7 |
Current ratio | 0.8 | 0.7 | 0.5 | 0.6 | 0.7 |
Cash and cash equivalents | 2 402.43 | 1 625.16 | 1 041.53 | 334.51 | 73.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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