CHEMOMETEC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHEMOMETEC A/S
CHEMOMETEC A/S (CVR number: 19828131) is a company from ALLERØD. The company reported a net sales of 214.1 mDKK in 2019, demonstrating a growth of 22 % compared to the previous year. The operating profit percentage was at 36 % (EBIT: 77 mDKK), while net earnings were 59 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.1 %, which can be considered excellent and Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CHEMOMETEC A/S's liquidity measured by quick ratio was 3.1 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 financials2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 85.23 | 90.33 | 112.69 | 175.51 | 214.10 |
| Gross profit | 72.74 | 80.50 | 99.76 | 159.24 | 195.17 |
| EBIT | 15.70 | 6.79 | 24.13 | 53.86 | 77.01 |
| Net earnings | 10.53 | 3.87 | 18.03 | 41.68 | 59.02 |
| Shareholders equity total | 60.41 | 64.29 | 72.74 | 172.91 | 202.18 |
| Balance sheet total (assets) | 93.50 | 97.42 | 113.44 | 237.30 | 258.55 |
| Net debt | 11.16 | 8.68 | 11.62 | -76.44 | -93.94 |
| Profitability | |||||
| EBIT-% | 18.4 % | 7.5 % | 21.4 % | 30.7 % | 36.0 % |
| ROA | 31.9 % | 7.2 % | 23.0 % | 30.9 % | 31.1 % |
| ROE | 34.9 % | 6.2 % | 26.3 % | 33.9 % | 31.5 % |
| ROI | 36.0 % | 8.5 % | 28.0 % | 38.1 % | 39.1 % |
| Economic value added (EVA) | 11.99 | 1.20 | 14.79 | 37.40 | 50.46 |
| Solvency | |||||
| Equity ratio | 64.6 % | 66.0 % | 64.1 % | 72.9 % | 78.2 % |
| Gearing | 33.7 % | 24.2 % | 25.6 % | 11.0 % | 0.1 % |
| Relative net indebtedness % | 28.0 % | 29.1 % | 29.9 % | -17.7 % | -17.7 % |
| Liquidity | |||||
| Quick ratio | 2.1 | 1.3 | 1.7 | 2.5 | 3.1 |
| Current ratio | 2.6 | 1.9 | 2.6 | 2.8 | 3.7 |
| Cash and cash equivalents | 9.19 | 6.87 | 7.04 | 95.52 | 94.22 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 64.6 | 59.1 | 57.2 | 72.2 | 60.4 |
| Net working capital % | 29.2 % | 21.9 % | 25.4 % | 56.6 % | 56.3 % |
| Credit risk | |||||
| Credit rating | AAA | AAA | AAA | AAA | AAA |
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