NIELS SØBORG OTTESEN ApS — Credit Rating and Financial Key Figures

CVR number: 17928295
Storegade 1, 8950 Ørsted
tel: 86488036

Credit rating

Company information

Official name
NIELS SØBORG OTTESEN ApS
Personnel
16 persons
Established
1994
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About NIELS SØBORG OTTESEN ApS

NIELS SØBORG OTTESEN ApS (CVR number: 17928295) is a company from NORDDJURS. The company recorded a gross profit of 3647.3 kDKK in 2023. The operating profit was 897.8 kDKK, while net earnings were 683.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. NIELS SØBORG OTTESEN ApS's liquidity measured by quick ratio was 0.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 160.363 202.493 408.133 437.503 647.29
EBIT442.00409.19619.33486.73897.76
Net earnings332.22296.20459.03357.87683.94
Shareholders equity total5 189.985 156.185 315.215 007.095 341.03
Balance sheet total (assets)9 204.279 011.878 847.098 388.188 434.44
Net debt29.54- 116.27- 454.32- 286.57-1 192.68
Profitability
EBIT-%
ROA4.9 %4.5 %6.9 %5.6 %10.7 %
ROE6.4 %5.7 %8.8 %6.9 %13.2 %
ROI6.5 %6.1 %9.3 %7.5 %14.4 %
Economic value added (EVA)52.1062.01246.68155.63485.38
Solvency
Equity ratio56.4 %57.2 %60.1 %59.7 %63.3 %
Gearing27.1 %26.0 %22.7 %23.5 %10.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.80.60.8
Current ratio1.61.61.71.51.7
Cash and cash equivalents1 376.471 459.031 661.251 464.191 761.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.3%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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