CHEMINOVA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CHEMINOVA A/S
CHEMINOVA A/S (CVR number: 12760043) is a company from LEMVIG. The company reported a net sales of 3074.3 mDKK in 2024, demonstrating a decline of -16.2 % compared to the previous year. The operating profit percentage was poor at -22.8 % (EBIT: -700.7 mDKK), while net earnings were -1001.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -35.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. CHEMINOVA 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 666 541.00 | 3 074 338.00 | |||
Gross profit | 124 675.00 | 28 204.00 | |||
EBIT | - 648 799.00 | - 700 745.00 | |||
Net earnings | - 815 405.00 | -1 001 209.00 | |||
Shareholders equity total | 3 351 087.00 | 2 349 878.00 | |||
Balance sheet total (assets) | 6 843 266.00 | 6 715 679.00 | |||
Net debt | 2 021 744.00 | 2 978 912.00 | |||
Profitability | |||||
EBIT-% | -17.7 % | -22.8 % | |||
ROA | -6.4 % | -8.4 % | |||
ROE | -24.3 % | -35.1 % | |||
ROI | -12.4 % | -11.3 % | |||
Economic value added (EVA) | - 139 242.75 | - 573 619.69 | -1 032 564.68 | ||
Solvency | |||||
Equity ratio | 48.3 % | 34.6 % | |||
Gearing | 61.0 % | 127.1 % | |||
Relative net indebtedness % | 77.2 % | 119.7 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | |||
Current ratio | 1.1 | 0.8 | |||
Cash and cash equivalents | 22 916.00 | 7 094.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.8 | 27.8 | |||
Net working capital % | 5.5 % | -21.0 % | |||
Credit risk | |||||
Credit rating | B | B | B | BBB | BBB |
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