BITTEN NISSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31611180
Sportsvej 36 A, 8654 Bryrup

Credit rating

Company information

Official name
BITTEN NISSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About BITTEN NISSEN HOLDING ApS

BITTEN NISSEN HOLDING ApS (CVR number: 31611180) is a company from SILKEBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -97.7 % compared to the previous year. The operating profit percentage was at 38.4 % (EBIT: 0 mDKK), while net earnings were 5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BITTEN NISSEN HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales350.3891.57528.96920.4620.89
Gross profit344.5666.82521.90914.588.01
EBIT344.5666.82521.90914.588.01
Net earnings345.3248.60509.59908.015.94
Shareholders equity total2 345.042 306.342 821.853 737.423 620.18
Balance sheet total (assets)2 353.552 754.643 313.163 984.303 675.96
Net debt-94.04436.24-23.90-18.20-29.25
Profitability
EBIT-%98.3 %73.0 %98.7 %99.4 %38.4 %
ROA15.4 %2.6 %17.2 %25.1 %0.2 %
ROE15.5 %2.1 %19.9 %27.7 %0.2 %
ROI15.5 %2.6 %18.8 %27.9 %0.2 %
Economic value added (EVA)240.36-58.00384.07772.79- 179.79
Solvency
Equity ratio99.6 %83.7 %85.2 %93.8 %98.5 %
Gearing18.9 %
Relative net indebtedness %-24.4 %489.3 %88.4 %24.8 %127.0 %
Liquidity
Quick ratio11.70.00.00.10.5
Current ratio11.70.00.00.10.5
Cash and cash equivalents94.040.2523.9018.2029.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %26.0 %-489.3 %-88.4 %-24.8 %-127.0 %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:0.21%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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