Nicon Industries A/S — Credit Rating and Financial Key Figures

CVR number: 35391789
Sperlingvej 2, 6700 Esbjerg
tel: 96230012

Credit rating

Company information

Official name
Nicon Industries A/S
Personnel
53 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Nicon Industries A/S

Nicon Industries A/S (CVR number: 35391789) is a company from ESBJERG. The company recorded a gross profit of 54.6 mDKK in 2023. The operating profit was 27.3 mDKK, while net earnings were 17.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 49.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.6 %, 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. Nicon Industries A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit31 591.0030 825.0020 923.0031 790.0054 614.85
EBIT11 248.0014 772.006 129.0012 148.0027 347.47
Net earnings8 777.0011 190.004 449.009 023.0017 860.29
Shareholders equity total25 462.0013 652.0018 101.0027 124.0044 983.94
Balance sheet total (assets)67 309.0043 375.0060 467.0099 676.00208 707.73
Net debt32 064.0094 549.62
Profitability
EBIT-%
ROA18.5 %26.7 %11.8 %15.2 %18.2 %
ROE38.2 %57.2 %28.0 %39.9 %49.5 %
ROI18.5 %26.7 %11.8 %19.2 %24.9 %
Economic value added (EVA)10 218.6313 492.535 442.998 550.2919 923.75
Solvency
Equity ratio100.0 %100.0 %100.0 %27.2 %21.6 %
Gearing119.0 %236.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.2
Current ratio1.41.3
Cash and cash equivalents220.0011 779.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.6%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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