NOBIA DENMARK RETAIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NOBIA DENMARK RETAIL A/S
NOBIA DENMARK RETAIL A/S (CVR number: 15277092) is a company from VARDE. The company reported a net sales of 1475.5 mDKK in 2021, demonstrating a growth of 7.4 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 87 mDKK), while net earnings were 70 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.9 %, which can be considered excellent and Return on Equity (ROE) was 47.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, 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. NOBIA DENMARK RETAIL A/S's liquidity measured by quick ratio was 2.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 409.17 | 1 358.92 | 1 366.88 | 1 373.36 | 1 475.45 |
Gross profit | 268.27 | 256.61 | 302.03 | 274.11 | 294.49 |
EBIT | 64.31 | 51.18 | 103.62 | 82.16 | 87.00 |
Net earnings | 49.84 | 41.10 | 83.41 | 67.07 | 70.05 |
Shareholders equity total | 127.45 | 119.55 | 160.96 | 145.03 | 148.07 |
Balance sheet total (assets) | 280.38 | 267.75 | 300.65 | 328.66 | 341.47 |
Net debt | -8.67 | -7.06 | -5.46 | -15.91 | -17.54 |
Profitability | |||||
EBIT-% | 4.6 % | 3.8 % | 7.6 % | 6.0 % | 5.9 % |
ROA | 26.5 % | 20.1 % | 37.4 % | 28.3 % | 28.9 % |
ROE | 45.5 % | 33.3 % | 59.5 % | 43.8 % | 47.8 % |
ROI | 61.5 % | 44.0 % | 73.3 % | 54.2 % | 59.9 % |
Economic value added (EVA) | 45.06 | 33.97 | 75.76 | 56.28 | 61.38 |
Solvency | |||||
Equity ratio | 49.4 % | 49.6 % | 58.0 % | 50.3 % | 50.6 % |
Gearing | 1.1 % | 1.1 % | 0.1 % | 2.0 % | |
Relative net indebtedness % | 10.1 % | 10.3 % | 9.8 % | 12.2 % | 11.7 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | 2.3 | 2.1 | 2.2 |
Current ratio | 1.6 | 1.6 | 1.9 | 1.7 | 1.7 |
Cash and cash equivalents | 10.08 | 8.36 | 5.68 | 15.91 | 20.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.4 | 32.2 | 31.7 | 29.6 | 36.3 |
Net working capital % | 6.8 % | 6.7 % | 9.0 % | 8.2 % | 8.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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