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NINE UNITED A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NINE UNITED A/S
NINE UNITED A/S (CVR number: 25934458) is a company from HORSENS. The company reported a net sales of 0 mDKK in 2025, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was poor at -47.3 % (EBIT: -0 mDKK), while net earnings were -114.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NINE UNITED A/S's liquidity measured by quick ratio was 1.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 33 860.00 | 41 884.00 | 51 420.00 | 48.44 | 49.94 |
| Gross profit | 19 954.00 | 24 779.00 | 25 782.00 | 29.03 | 13.22 |
| EBIT | -5 180.00 | -4 771.00 | -7 033.00 | -6.20 | -23.62 |
| Net earnings | 136 999.00 | -45 112.00 | 32 126.00 | 81.05 | - 114.86 |
| Shareholders equity total | 2 512 690.00 | 2 281 642.00 | 2 195 088.00 | 1 721.70 | 1 605.70 |
| Balance sheet total (assets) | 2 641 026.00 | 2 394 711.00 | 2 321 918.00 | 2 052.07 | 1 895.44 |
| Net debt | - 758 931.00 | - 539 684.00 | - 498 994.00 | -78.16 | -77.87 |
| Profitability | |||||
| EBIT-% | -15.3 % | -11.4 % | -13.7 % | -12.8 % | -47.3 % |
| ROA | 6.4 % | 0.5 % | 1.9 % | 0.0 % | -5.2 % |
| ROE | 5.6 % | -1.9 % | 1.4 % | 0.0 % | -6.9 % |
| ROI | 6.5 % | 0.5 % | 1.9 % | 0.0 % | -5.2 % |
| Economic value added (EVA) | - 126 847.81 | - 134 866.36 | - 125 402.54 | - 115 989.78 | - 118.57 |
| Solvency | |||||
| Equity ratio | 95.1 % | 95.3 % | 94.5 % | 83.9 % | 84.7 % |
| Gearing | 3.8 % | 4.7 % | 5.2 % | 18.3 % | 15.0 % |
| Relative net indebtedness % | -2147.3 % | -1273.5 % | -943.7 % | -128.1 % | -133.5 % |
| Liquidity | |||||
| Quick ratio | 7.5 | 7.3 | 6.8 | 1.5 | 1.5 |
| Current ratio | 7.5 | 7.3 | 6.8 | 1.5 | 1.5 |
| Cash and cash equivalents | 855 395.00 | 646 393.00 | 612 065.00 | 392.42 | 318.83 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 20.1 | 38.4 | 13.5 | 6.0 | 59.9 |
| Net working capital % | -57.8 % | 175.5 % | 244.7 % | -454.8 % | -407.9 % |
| Credit risk | |||||
| Credit rating | AAA | A | AAA | A | BBB |
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