NEQI A/S — Credit Rating and Financial Key Figures

CVR number: 18534975
J. M. Jensenip Aqq 2, 3911 Sisimiut

Credit rating

Company information

Official name
NEQI A/S
Established
1995
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About NEQI A/S

NEQI A/S (CVR number: 18534975) is a company from KUJALLEQ. The company reported a net sales of 28.3 mDKK in 2023, demonstrating a decline of -17.5 % compared to the previous year. The operating profit percentage was poor at -1.6 % (EBIT: -0.5 mDKK), while net earnings were -1051 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. NEQI A/S's liquidity measured by quick ratio was 0.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales28 368.0025 339.0029 839.0034 334.0028 323.00
Gross profit10 624.00-2 957.001 368.0011 380.004 288.00
EBIT-3 652.00-16 659.00-8 452.001 478.00- 450.00
Net earnings-5 870.00-21 906.00-10 687.00-2 461.00-1 051.00
Shareholders equity total-29 351.00- 122 274.00- 132 964.007 075.006 024.00
Balance sheet total (assets)101 428.0025 077.0030 049.0027 388.0026 701.00
Net debt120 819.00137 366.00160 797.0018 537.0018 493.00
Profitability
EBIT-%-12.9 %-65.7 %-28.3 %4.3 %-1.6 %
ROA-3.1 %-12.0 %-5.4 %1.6 %-1.7 %
ROE-11.0 %-34.6 %-38.8 %-13.3 %-16.0 %
ROI-3.3 %-12.9 %-5.7 %1.6 %-1.8 %
Economic value added (EVA)-5 050.43-17 360.32-2 307.738 159.44- 805.52
Solvency
Equity ratio-22.4 %-83.0 %-81.6 %25.8 %22.6 %
Gearing-411.6 %-112.3 %-120.9 %262.0 %307.0 %
Relative net indebtedness %461.0 %581.5 %546.3 %59.2 %73.0 %
Liquidity
Quick ratio0.00.00.00.20.2
Current ratio0.20.20.21.31.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)46.327.669.051.044.5
Net working capital %-349.1 %-483.3 %-446.3 %20.6 %21.3 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-1.66%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.6%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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