nShift Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 34708584
Runevej 2 A, Hasle 8210 Aarhus V
supplier.dk@nshift.com
www.nshift.com

Company information

Official name
nShift Solutions ApS
Established
2012
Domicile
Hasle
Company form
Private limited company
Industry

About nShift Solutions ApS

nShift Solutions ApS (CVR number: 34708584) is a company from AARHUS. The company recorded a gross profit of 3520 kDKK in 2023. The operating profit was 3520 kDKK, while net earnings were 2949.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41 %, which can be considered excellent and Return on Equity (ROE) was 48.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. nShift Solutions ApS'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 profit411.69275.82337.402 896.983 519.97
EBIT251.28275.82337.402 896.983 519.97
Net earnings182.51187.90235.752 364.632 949.36
Shareholders equity total1 840.402 028.312 264.064 628.697 578.05
Balance sheet total (assets)2 430.854 187.014 664.396 886.6611 600.97
Net debt-1 363.73-2 175.66680.47465.97410.50
Profitability
EBIT-%
ROA9.8 %8.3 %7.6 %54.0 %41.0 %
ROE10.4 %9.7 %11.0 %68.6 %48.3 %
ROI12.3 %10.7 %9.4 %63.8 %48.8 %
Economic value added (EVA)83.14108.8097.242 059.512 447.80
Solvency
Equity ratio75.7 %48.4 %48.5 %67.2 %65.7 %
Gearing0.9 %62.8 %69.7 %28.0 %26.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.11.91.93.01.2
Current ratio4.11.91.93.01.1
Cash and cash equivalents1 380.563 448.93898.31831.311 617.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:41.0%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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