CHEMOMETEC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHEMOMETEC A/S
CHEMOMETEC A/S (CVR number: 19828131K) is a company from ALLERØD. The company reported a net sales of 407.4 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 41.5 % (EBIT: 169 mDKK), while net earnings were 136.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHEMOMETEC A/S's liquidity measured by quick ratio was 3.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 214.10 | 281.13 | 427.16 | 442.27 | 407.35 |
Gross profit | 193.92 | 253.34 | 384.25 | 411.50 | 367.60 |
EBIT | 77.47 | 116.02 | 202.85 | 230.56 | 168.97 |
Net earnings | 59.16 | 88.35 | 159.47 | 178.67 | 136.28 |
Shareholders equity total | 202.75 | 264.98 | 357.20 | 533.04 | 565.32 |
Balance sheet total (assets) | 263.12 | 344.91 | 501.27 | 657.98 | 676.67 |
Net debt | -96.52 | - 149.52 | - 208.00 | - 315.56 | - 294.81 |
Profitability | |||||
EBIT-% | 36.2 % | 41.3 % | 47.5 % | 52.1 % | 41.5 % |
ROA | 30.9 % | 38.5 % | 48.4 % | 40.2 % | 26.7 % |
ROE | 31.5 % | 37.8 % | 51.3 % | 40.1 % | 24.8 % |
ROI | 39.0 % | 49.5 % | 64.9 % | 51.6 % | 32.1 % |
Economic value added (EVA) | 64.43 | 94.93 | 165.85 | 188.45 | 145.44 |
Solvency | |||||
Equity ratio | 77.1 % | 76.8 % | 71.3 % | 81.0 % | 83.5 % |
Gearing | 0.2 % | 0.2 % | 0.3 % | 0.2 % | 0.2 % |
Relative net indebtedness % | -17.1 % | -25.0 % | -15.2 % | -43.3 % | -45.4 % |
Liquidity | |||||
Quick ratio | 3.0 | 3.0 | 2.1 | 3.2 | 3.8 |
Current ratio | 3.5 | 3.4 | 2.6 | 4.1 | 5.0 |
Cash and cash equivalents | 96.94 | 150.11 | 209.03 | 316.57 | 296.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.4 | 149.0 | 122.2 | 97.6 | 122.2 |
Net working capital % | 56.3 % | 61.3 % | 50.5 % | 84.4 % | 96.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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