C.M. TRANSPORT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About C.M. TRANSPORT A/S
C.M. TRANSPORT A/S (CVR number: 85502913) is a company from AALBORG. The company recorded a gross profit of 45.5 mDKK in 2023. The operating profit was -2273.1 kDKK, while net earnings were -1800.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -26.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. C.M. TRANSPORT A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 31 649.06 | 33 434.94 | 38 908.81 | 47 784.49 | 45 510.76 |
EBIT | 4 222.50 | 5 104.17 | 4 738.04 | 6 213.20 | -2 273.11 |
Net earnings | 3 270.18 | 3 938.05 | 3 636.58 | 4 796.21 | -1 800.64 |
Shareholders equity total | 7 328.66 | 8 266.71 | 8 403.29 | 9 199.50 | 4 398.86 |
Balance sheet total (assets) | 13 289.97 | 16 282.03 | 16 149.71 | 17 302.65 | 13 891.18 |
Net debt | -2 571.04 | -5 430.98 | -2 379.80 | -4 023.54 | 2 929.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.0 % | 34.5 % | 29.2 % | 37.2 % | -14.6 % |
ROE | 42.5 % | 50.5 % | 43.6 % | 54.5 % | -26.5 % |
ROI | 50.7 % | 52.9 % | 48.6 % | 66.1 % | -25.8 % |
Economic value added (EVA) | 2 950.00 | 3 720.73 | 3 535.80 | 4 518.75 | -2 004.66 |
Solvency | |||||
Equity ratio | 55.1 % | 50.8 % | 52.0 % | 53.2 % | 31.7 % |
Gearing | 9.5 % | 66.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.0 | 2.1 | 2.0 | 1.4 |
Current ratio | 2.6 | 3.0 | 2.1 | 2.0 | 1.4 |
Cash and cash equivalents | 2 571.04 | 5 430.98 | 2 379.80 | 4 893.11 | 12.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | BBB |
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