NECKWOOD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NECKWOOD ApS
NECKWOOD ApS (CVR number: 36503882) is a company from ODENSE. The company recorded a gross profit of -31.4 kDKK in 2023. The operating profit was -31.6 kDKK, while net earnings were -15.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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. NECKWOOD ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 282.67 | 497.81 | 499.26 | -45.46 | -31.44 |
EBIT | 27.83 | 65.42 | 71.17 | -45.75 | -31.59 |
Net earnings | -40.78 | 48.50 | 52.42 | -50.87 | -15.28 |
Shareholders equity total | 193.23 | 186.43 | 238.85 | 130.78 | 56.60 |
Balance sheet total (assets) | 348.08 | 443.25 | 426.00 | 225.84 | 145.76 |
Net debt | - 297.40 | - 427.51 | - 311.40 | - 139.53 | -50.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.9 % | 16.5 % | 16.4 % | -14.0 % | -17.0 % |
ROE | -19.1 % | 25.5 % | 24.7 % | -27.5 % | -16.3 % |
ROI | 11.1 % | 31.4 % | 30.4 % | -19.4 % | -20.4 % |
Economic value added (EVA) | 21.12 | 60.00 | 69.25 | -39.96 | -18.96 |
Solvency | |||||
Equity ratio | 55.5 % | 42.1 % | 56.1 % | 57.9 % | 38.8 % |
Gearing | 18.9 % | 0.0 % | 17.8 % | 46.1 % | 109.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.7 | 2.3 | 2.4 | 1.6 |
Current ratio | 2.2 | 1.7 | 2.3 | 2.4 | 1.6 |
Cash and cash equivalents | 333.99 | 427.60 | 354.03 | 199.85 | 112.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | B | B |
Variable visualization
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