NEXANS INDUSTRY SOLUTIONS A/S — Credit Rating and Financial Key Figures

NEXANS INDUSTRY SOLUTIONS A/S (CVR number: 27985378) is a company from VIBORG. The company recorded a gross profit of 42 mDKK in 2023. The operating profit was 20.6 mDKK, while net earnings were 17.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NEXANS INDUSTRY SOLUTIONS A/S's liquidity measured by quick ratio was 2.6 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.