CM NETWORK A/S — Credit Rating and Financial Key Figures

CVR number: 33497431
Skovbakkevej 21 B, 9000 Aalborg
info@cmnetwork.dk

Credit rating

Company information

Official name
CM NETWORK A/S
Personnel
1 person
Established
2011
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 566.223 120.322 506.791 773.1823.18
EBIT398.38- 212.21- 212.06- 206.36-26.16
Net earnings299.04- 209.70- 182.81- 194.26237.03
Shareholders equity total3 999.893 491.153 308.343 114.073 981.64
Balance sheet total (assets)18 884.6119 881.4616 666.8816 475.4417 003.38
Net debt4 561.237 131.915 207.035 903.006 137.80
Profitability
EBIT-%
ROA2.1 %-1.3 %-1.2 %-1.4 %-0.3 %
ROE7.8 %-5.6 %-5.4 %-6.0 %6.7 %
ROI3.8 %-2.1 %-2.0 %-2.5 %-0.6 %
Economic value added (EVA)556.0886.8471.7156.33169.93
Solvency
Equity ratio21.2 %17.6 %19.8 %18.9 %23.4 %
Gearing174.1 %250.8 %188.9 %200.3 %156.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.50.60.7
Current ratio0.80.70.50.60.7
Cash and cash equivalents2 402.431 625.161 041.53334.5173.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.33%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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