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 777.2 mEUR in 2024, demonstrating a decline of -6.9 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 21.2 mEUR), while net earnings were 11.6 mEUR. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CM Biomass Holding A/S's liquidity measured by quick ratio was 1.1 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 409.76 | 825.67 | 834.98 | 777.21 | |
Gross profit | 32.38 | 69.05 | 93.22 | 64.74 | |
EBIT | 12.24 | 37.83 | 52.52 | 21.25 | |
Net earnings | 13.93 | 23.45 | 35.19 | 11.61 | |
Shareholders equity total | 0.05 | 69.95 | 121.52 | 157.49 | 169.11 |
Balance sheet total (assets) | 210.11 | 302.30 | 334.68 | 329.43 | |
Net debt | -1.57 | 89.09 | 78.51 | 69.23 | |
Profitability | |||||
EBIT-% | 3.0 % | 4.6 % | 6.3 % | 2.7 % | |
ROA | 6.6 % | 16.0 % | 16.8 % | 7.2 % | |
ROE | 19.9 % | 24.5 % | 25.2 % | 7.1 % | |
ROI | 5.0 % | 16.0 % | 21.5 % | 8.8 % | |
Economic value added (EVA) | 12.24 | 21.90 | 33.75 | 4.10 | |
Solvency | |||||
Equity ratio | 50.0 % | 48.7 % | 40.3 % | 47.3 % | 50.8 % |
Gearing | 75.6 % | 52.3 % | 42.2 % | ||
Relative net indebtedness % | -17.5 % | 21.7 % | 20.6 % | 20.8 % | |
Liquidity | |||||
Quick ratio | -1.0 | 0.5 | 1.0 | 1.1 | |
Current ratio | -1.6 | 1.2 | 2.2 | 2.5 | |
Cash and cash equivalents | 1.57 | 2.81 | 3.81 | 2.07 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.9 | 25.0 | 25.8 | ||
Net working capital % | 45.1 % | 3.4 % | 10.6 % | 10.9 % | |
Credit risk | |||||
Credit rating | BB | BBB | AAA | AAA | AAA |
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