CHRISTIAN NIELSEN STRANDMØLLEN A/S
Credit rating
Company information
About CHRISTIAN NIELSEN STRANDMØLLEN A/S
CHRISTIAN NIELSEN STRANDMØLLEN A/S (CVR number: 26034116) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 41.3 mDKK in 2023. The operating profit was -3058.1 kDKK, while net earnings were 68.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CHRISTIAN NIELSEN STRANDMØLLEN A/S's liquidity measured by quick ratio was 9.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 30 655.36 | 35 984.17 | 32 351.66 | 40 417.76 | 41 261.99 |
EBIT | 4 384.73 | 7 661.46 | -2 876.84 | 4 539.78 | -3 058.11 |
Net earnings | 42 124.23 | 49 088.95 | 41 125.47 | -14 259.97 | 68 848.29 |
Shareholders equity total | 621 410.06 | 671 206.81 | 707 269.00 | 680 431.46 | 749 924.75 |
Balance sheet total (assets) | 663 955.42 | 691 706.01 | 753 948.34 | 732 019.55 | 795 195.30 |
Net debt | - 229 681.58 | - 273 349.26 | - 291 184.42 | - 210 924.18 | - 228 131.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 8.7 % | 6.9 % | 4.9 % | 10.2 % |
ROE | 7.0 % | 7.6 % | 6.0 % | -2.1 % | 9.6 % |
ROI | 8.6 % | 8.9 % | 7.0 % | 5.0 % | 10.3 % |
Economic value added (EVA) | -4 526.51 | - 430.07 | -16 546.05 | -4 008.10 | -11 379.27 |
Solvency | |||||
Equity ratio | 93.6 % | 97.0 % | 93.8 % | 93.0 % | 94.3 % |
Gearing | 2.8 % | 4.3 % | 6.6 % | 4.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.4 | 37.5 | 9.6 | 6.6 | 9.7 |
Current ratio | 8.4 | 37.5 | 9.6 | 6.6 | 9.7 |
Cash and cash equivalents | 247 339.26 | 273 349.26 | 321 254.80 | 255 541.94 | 258 643.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AAA |
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