NOBINA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOBINA A/S
NOBINA A/S (CVR number: 29513376) is a company from ALBERTSLUND. The company reported a net sales of 726.7 mDKK in 2023, demonstrating a growth of 18.5 % compared to the previous year. The operating profit percentage was poor at -2.6 % (EBIT: -18.8 mDKK), while net earnings were -11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. NOBINA A/S's liquidity measured by quick ratio was 1.4 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 530.28 | 496.36 | 504.99 | 613.27 | 726.73 |
Gross profit | 530.28 | 496.36 | 504.99 | 310.11 | 422.73 |
EBIT | 9.61 | -12.29 | -34.02 | -11.95 | -18.83 |
Net earnings | 1.00 | -9.89 | -27.00 | -11.02 | -11.77 |
Shareholders equity total | 69.52 | 59.63 | 37.62 | 86.34 | 74.57 |
Balance sheet total (assets) | 166.06 | 140.41 | 164.88 | 162.40 | 183.81 |
Net debt | 24.28 | 16.55 | |||
Profitability | |||||
EBIT-% | 1.8 % | -2.5 % | -6.7 % | -1.9 % | -2.6 % |
ROA | 6.6 % | -8.0 % | -22.3 % | -6.8 % | -9.4 % |
ROE | 1.5 % | -15.3 % | -55.5 % | -17.8 % | -14.6 % |
ROI | 8.2 % | -8.0 % | -22.3 % | -8.1 % | -16.2 % |
Economic value added (EVA) | 7.52 | -15.78 | -37.02 | -13.57 | -17.24 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 53.2 % | 40.6 % |
Gearing | 28.2 % | 22.3 % | |||
Relative net indebtedness % | 12.4 % | 15.0 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 1.4 | |||
Current ratio | 1.8 | 1.4 | |||
Cash and cash equivalents | 0.03 | 0.05 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.8 | 27.8 | |||
Net working capital % | 10.0 % | 5.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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