Credit rating
Company information
About NINE UNITED A/S
NINE UNITED A/S (CVR number: 25934458K) is a company from HORSENS. The company reported a net sales of 2201.3 mDKK in 2022, demonstrating a growth of 32.4 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 59.4 mDKK), while net earnings were -35.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, 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. NINE UNITED A/S's liquidity measured by quick ratio was 3.8 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 112.11 | 135.32 | 621.28 | 1 662.33 | 2 201.34 |
Gross profit | 66.26 | 74.33 | 112.55 | 335.68 | 460.54 |
EBIT | 6.54 | 24.38 | -23.09 | 68.71 | 59.41 |
Net earnings | 439.35 | 72.75 | 448.34 | 167.43 | -35.71 |
Shareholders equity total | 1 924.60 | 1 995.24 | 2 471.91 | 2 619.73 | 2 711.74 |
Balance sheet total (assets) | 2 694.74 | 2 769.81 | 3 379.74 | 3 773.50 | 3 887.40 |
Net debt | - 767.69 | - 804.71 | -1 022.44 | - 671.67 | - 366.87 |
Profitability | |||||
EBIT-% | 5.8 % | 18.0 % | -3.7 % | 4.1 % | 2.7 % |
ROA | 3.1 % | 4.6 % | 17.1 % | 6.6 % | 2.9 % |
ROE | 25.8 % | 3.8 % | 20.4 % | 6.8 % | -1.5 % |
ROI | 3.2 % | 4.7 % | 17.7 % | 7.2 % | 3.2 % |
Economic value added (EVA) | -51.33 | -34.98 | -68.81 | -20.50 | -54.07 |
Solvency | |||||
Equity ratio | 71.4 % | 72.0 % | 73.7 % | 70.3 % | 70.6 % |
Gearing | 37.8 % | 36.7 % | 29.4 % | 28.8 % | 31.5 % |
Relative net indebtedness % | -647.3 % | -564.0 % | -135.6 % | -16.5 % | -2.2 % |
Liquidity | |||||
Quick ratio | 24.0 | 23.8 | 10.5 | 4.2 | 3.8 |
Current ratio | 24.0 | 23.8 | 9.7 | 4.3 | 4.2 |
Cash and cash equivalents | 1 495.78 | 1 537.78 | 1 750.20 | 1 427.32 | 1 221.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.2 | 17.8 | 29.2 | 27.0 | 20.7 |
Net working capital % | 257.8 % | 106.4 % | 24.9 % | 10.2 % | 20.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AA |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.