NRE GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 29800758
Finsensvej 3, 7430 Ikast

Credit rating

Company information

Official name
NRE GROUP A/S
Personnel
9 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About NRE GROUP A/S

NRE GROUP A/S (CVR number: 29800758K) is a company from IKAST-BRANDE. The company reported a net sales of 503.3 mDKK in 2023, demonstrating a decline of -20.8 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 2.1 mDKK), while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.2 %, 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. NRE GROUP A/S's liquidity measured by quick ratio was 0.6 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales699.62525.79344.97635.44503.28
Gross profit71.6923.8436.8755.0528.39
EBIT42.76-2.4912.1927.212.11
Net earnings32.73-1.4932.6120.0111.56
Shareholders equity total89.0876.03108.53116.56116.47
Balance sheet total (assets)350.81366.05368.99369.40398.50
Net debt252.59170.20135.82120.48139.95
Profitability
EBIT-%6.1 %-0.5 %3.5 %4.3 %0.4 %
ROA12.7 %1.3 %11.3 %9.7 %7.3 %
ROE30.5 %-1.8 %35.4 %18.0 %10.0 %
ROI18.3 %1.9 %15.9 %14.0 %10.7 %
Economic value added (EVA)21.69-11.446.1717.41-0.91
Solvency
Equity ratio26.3 %20.8 %29.4 %31.6 %29.2 %
Gearing292.2 %226.9 %127.6 %103.6 %125.2 %
Relative net indebtedness %34.7 %52.7 %71.2 %37.1 %53.0 %
Liquidity
Quick ratio0.70.70.60.70.6
Current ratio0.70.70.70.70.6
Cash and cash equivalents7.732.302.600.295.88
Capital use efficiency
Trade debtors turnover (days)25.950.7105.552.650.5
Net working capital %-10.6 %-16.0 %-23.9 %-9.9 %-19.8 %
Credit risk
Credit ratingAABBBAAAA

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.2%
Rating: 26/100
-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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