NINE UNITED A/S

CVR number: 25934458
Havnen 1, 8700 Horsens

Credit rating

Company information

Official name
NINE UNITED A/S
Established
2001
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales112.11135.32621.281 662.332 201.34
Gross profit66.2674.33112.55335.68460.54
EBIT6.5424.38-23.0968.7159.41
Net earnings439.3572.75448.34167.43-35.71
Shareholders equity total1 924.601 995.242 471.912 619.732 711.74
Balance sheet total (assets)2 694.742 769.813 379.743 773.503 887.40
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 %
ROA3.1 %4.6 %17.1 %6.6 %2.9 %
ROE25.8 %3.8 %20.4 %6.8 %-1.5 %
ROI3.2 %4.7 %17.7 %7.2 %3.2 %
Economic value added (EVA)-51.33-34.98-68.81-20.50-54.07
Solvency
Equity ratio71.4 %72.0 %73.7 %70.3 %70.6 %
Gearing37.8 %36.7 %29.4 %28.8 %31.5 %
Relative net indebtedness %-647.3 %-564.0 %-135.6 %-16.5 %-2.2 %
Liquidity
Quick ratio24.023.810.54.23.8
Current ratio24.023.89.74.34.2
Cash and cash equivalents1 495.781 537.781 750.201 427.321 221.89
Capital use efficiency
Trade debtors turnover (days)14.217.829.227.020.7
Net working capital %257.8 %106.4 %24.9 %10.2 %20.1 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:2.91%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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