NIELS NIELSEN & SØN ApS — Credit Rating and Financial Key Figures

CVR number: 27922074
Bystævnevej 2, Søllinge 5750 Ringe

Credit rating

Company information

Official name
NIELS NIELSEN & SØN ApS
Personnel
11 persons
Established
2004
Domicile
Søllinge
Company form
Private limited company
Industry

About NIELS NIELSEN & SØN ApS

NIELS NIELSEN & SØN ApS (CVR number: 27922074) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 9199.6 kDKK in 2024. The operating profit was 489 kDKK, while net earnings were 33 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NIELS NIELSEN & SØN ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 849.869 236.738 817.218 272.109 199.57
EBIT152.88716.41294.97247.83489.00
Net earnings-69.54388.1536.93-27.4933.04
Shareholders equity total3 161.183 549.333 414.663 387.173 420.21
Balance sheet total (assets)14 877.5513 539.5813 222.6912 497.9312 464.98
Net debt1 636.35737.131 697.252 395.362 780.85
Profitability
EBIT-%
ROA1.1 %5.1 %2.2 %2.0 %3.9 %
ROE-2.2 %11.6 %1.1 %-0.8 %1.0 %
ROI1.3 %6.1 %2.7 %2.3 %4.4 %
Economic value added (EVA)- 454.66-56.76- 347.92- 371.94- 191.19
Solvency
Equity ratio21.2 %26.2 %25.8 %27.1 %27.4 %
Gearing76.7 %55.4 %62.8 %83.6 %81.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.60.60.5
Current ratio0.60.70.60.60.5
Cash and cash equivalents788.641 229.32445.51437.5515.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:3.92%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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