KAREN NISSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36477032
Liljekonvallen 38, Mejrup 7500 Holstebro
k.nissen57@gmail.com
tel: 20973348

Credit rating

Company information

Official name
KAREN NISSEN HOLDING ApS
Established
2014
Domicile
Mejrup
Company form
Private limited company
Industry

About KAREN NISSEN HOLDING ApS

KAREN NISSEN HOLDING ApS (CVR number: 36477032) is a company from HOLSTEBRO. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -61.1 % compared to the previous year. The operating profit percentage was at 85.7 % (EBIT: 0.2 mDKK), while net earnings were 224.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAREN NISSEN HOLDING ApS's liquidity measured by quick ratio was 5.4 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales552.13498.00453.86526.68204.96
Gross profit539.88484.89440.76510.28175.71
EBIT539.88484.89440.76510.28175.71
Net earnings507.34459.80504.43416.16224.28
Shareholders equity total1 511.831 861.032 252.452 554.212 660.69
Balance sheet total (assets)2 757.222 294.942 803.393 109.263 116.77
Net debt1 241.64- 562.63- 946.58- 157.83- 692.98
Profitability
EBIT-%97.8 %97.4 %97.1 %96.9 %85.7 %
ROA20.1 %19.2 %20.6 %17.3 %8.0 %
ROE38.7 %27.3 %24.5 %17.3 %8.6 %
ROI20.6 %19.2 %20.7 %17.3 %8.0 %
Economic value added (EVA)629.96607.98502.25625.80169.45
Solvency
Equity ratio54.8 %81.1 %80.3 %82.1 %85.4 %
Gearing82.1 %23.1 %23.6 %21.5 %17.0 %
Relative net indebtedness %225.6 %-112.2 %-204.4 %-29.1 %-336.3 %
Liquidity
Quick ratio0.22.53.03.95.4
Current ratio0.22.53.03.95.4
Cash and cash equivalents992.791 478.78708.181 145.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-189.8 %134.5 %-41.1 %193.7 %987.4 %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:8.03%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.4%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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