ENTREPRENØRFIRMAET NORDKYSTEN A/S
Credit rating
Company information
About ENTREPRENØRFIRMAET NORDKYSTEN A/S
ENTREPRENØRFIRMAET NORDKYSTEN A/S (CVR number: 26862930) is a company from GRIBSKOV. The company reported a net sales of 878.1 mDKK in 2023, demonstrating a growth of 18.8 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 44.5 mDKK), while net earnings were 37.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.2 %, 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. ENTREPRENØRFIRMAET NORDKYSTEN A/S's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 355.76 | 446.33 | 575.12 | 738.87 | 878.08 |
Gross profit | 155.98 | 191.95 | 230.49 | 281.93 | 315.28 |
EBIT | 10.79 | 16.00 | 38.77 | 52.28 | 44.53 |
Net earnings | 7.88 | 11.90 | 29.52 | 38.36 | 37.84 |
Shareholders equity total | 43.53 | 55.42 | 84.94 | 108.55 | 134.38 |
Balance sheet total (assets) | 178.08 | 192.02 | 265.08 | 334.34 | 393.12 |
Net debt | 23.53 | 1.53 | -30.53 | -9.74 | -15.53 |
Profitability | |||||
EBIT-% | 3.0 % | 3.6 % | 6.7 % | 7.1 % | 5.1 % |
ROA | 6.5 % | 8.9 % | 17.2 % | 17.8 % | 14.1 % |
ROE | 19.9 % | 24.0 % | 42.1 % | 39.6 % | 31.1 % |
ROI | 11.8 % | 17.8 % | 35.9 % | 35.6 % | 27.4 % |
Economic value added (EVA) | 6.46 | 10.23 | 27.72 | 38.32 | 29.83 |
Solvency | |||||
Equity ratio | 24.4 % | 28.9 % | 32.0 % | 32.5 % | 34.2 % |
Gearing | 54.1 % | 13.4 % | 8.7 % | 16.6 % | 12.5 % |
Relative net indebtedness % | 35.0 % | 26.1 % | 21.9 % | 23.9 % | 23.2 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.7 | 1.6 | 1.6 | 1.6 |
Current ratio | 1.3 | 1.7 | 1.6 | 1.6 | 1.6 |
Cash and cash equivalents | 0.01 | 5.90 | 37.90 | 27.78 | 32.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 103.1 | 73.9 | 65.7 | 73.5 | 63.4 |
Net working capital % | 9.7 % | 13.8 % | 10.6 % | 11.4 % | 11.9 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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