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NICOLAI ELMQVIST HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NICOLAI ELMQVIST HOLDING ApS
NICOLAI ELMQVIST HOLDING ApS (CVR number: 32347185) is a company from KØBENHAVN. The company recorded a gross profit of 258.6 kDKK in 2025. The operating profit was -7.2 kDKK, while net earnings were 10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.1 %, 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. NICOLAI ELMQVIST HOLDING ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 108.09 | 282.02 | 47.18 | 684.31 | 258.62 |
| EBIT | 14.42 | 149.37 | 47.18 | 282.83 | -7.25 |
| Net earnings | - 493.28 | - 275.47 | 57.69 | 223.34 | 10.83 |
| Shareholders equity total | 526.11 | 193.45 | 192.24 | 354.58 | 297.91 |
| Balance sheet total (assets) | 673.85 | 407.34 | 260.41 | 542.39 | 391.72 |
| Net debt | 33.76 | -88.62 | - 221.74 | - 214.90 | - 180.74 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.8 % | -46.1 % | 14.4 % | 71.5 % | 3.1 % |
| ROE | -61.6 % | -76.6 % | 29.9 % | 81.7 % | 3.3 % |
| ROI | 2.0 % | -51.8 % | 16.8 % | 102.4 % | 4.3 % |
| Economic value added (EVA) | -39.71 | 101.87 | 38.66 | 210.45 | -23.79 |
| Solvency | |||||
| Equity ratio | 78.1 % | 47.5 % | 73.8 % | 65.4 % | 76.1 % |
| Gearing | 11.3 % | 94.7 % | 1.9 % | 2.8 % | 0.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.1 | 2.1 | 4.4 | 4.2 | 2.6 |
| Current ratio | 3.1 | 2.1 | 4.4 | 4.2 | 2.6 |
| Cash and cash equivalents | 25.47 | 271.81 | 225.43 | 224.66 | 180.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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