CM Biomass Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CM Biomass Holding A/S
CM Biomass Holding A/S (CVR number: 41722614K) is a company from KØBENHAVN. The company reported a net sales of 825.7 mEUR in 2022, demonstrating a growth of 101.5 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 34.5 mEUR), while net earnings were 20.5 mEUR. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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 Biomass Holding A/S's liquidity measured by quick ratio was 0.5 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | 409 764.00 | 825 674.00 | |
Gross profit | 32 382.00 | 66 154.00 | |
EBIT | 18 488.00 | 34 548.00 | |
Net earnings | 13 932.00 | 20 456.00 | |
Shareholders equity total | 53.00 | 69 948.00 | 115 345.00 |
Balance sheet total (assets) | 149.00 | 210 111.00 | 290 847.00 |
Net debt | 51 525.00 | 104 206.00 | |
Profitability | |||
EBIT-% | 4.5 % | 4.2 % | |
ROA | 19.3 % | 15.1 % | |
ROE | 39.8 % | 22.1 % | |
ROI | 32.5 % | 21.8 % | |
Economic value added (EVA) | 13 687.27 | 21 051.59 | |
Solvency | |||
Equity ratio | 100.0 % | 33.3 % | 39.9 % |
Gearing | 75.9 % | 92.8 % | |
Relative net indebtedness % | 33.4 % | 20.9 % | |
Liquidity | |||
Quick ratio | 0.8 | 0.5 | |
Current ratio | 1.3 | 1.2 | |
Cash and cash equivalents | 1 572.00 | 2 810.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 46.2 | 21.9 | |
Net working capital % | 6.9 % | 3.7 % | |
Credit risk | |||
Credit rating | BB | AA | AAA |
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