Nitrogen Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nitrogen Danmark ApS
Nitrogen Danmark ApS (CVR number: 38155385) is a company from HVIDOVRE. The company recorded a gross profit of 2052 kDKK in 2023. The operating profit was -488.6 kDKK, while net earnings were -505 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -23.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nitrogen Danmark ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 393.58 | 580.18 | 1 309.43 | 3 152.00 | 2 052.01 |
EBIT | 279.10 | 150.41 | 501.76 | 1 224.00 | - 488.56 |
Net earnings | 215.28 | 115.51 | 372.53 | 981.00 | - 504.99 |
Shareholders equity total | 310.51 | 726.02 | 798.54 | 2 416.00 | 1 911.48 |
Balance sheet total (assets) | 516.29 | 1 119.52 | 2 552.16 | 4 242.00 | 4 366.58 |
Net debt | - 109.02 | - 236.96 | - 710.61 | - 593.00 | - 113.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 80.6 % | 18.4 % | 27.3 % | 36.0 % | -11.4 % |
ROE | 106.1 % | 22.3 % | 48.9 % | 61.0 % | -23.3 % |
ROI | 137.6 % | 29.0 % | 65.7 % | 76.1 % | -20.8 % |
Economic value added (EVA) | 216.46 | 107.90 | 383.70 | 981.41 | - 579.20 |
Solvency | |||||
Equity ratio | 60.1 % | 64.9 % | 31.3 % | 57.0 % | 43.8 % |
Gearing | 18.9 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 2.3 | 1.0 | 1.3 | 0.7 |
Current ratio | 2.1 | 2.7 | 1.4 | 2.3 | 1.8 |
Cash and cash equivalents | 109.02 | 236.96 | 710.61 | 593.00 | 475.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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