NIRAS GRUPPEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIRAS GRUPPEN A/S
NIRAS GRUPPEN A/S (CVR number: 73432219K) is a company from ALLERØD. The company reported a net sales of 3806.1 mDKK in 2023, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 140.6 mDKK), while net earnings were 114.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 17.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. NIRAS GRUPPEN A/S's liquidity measured by quick ratio was 3.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 278.47 | 2 450.86 | 2 881.41 | 3 453.97 | 3 806.06 |
Gross profit | 2 278.47 | 2 450.86 | 2 611.29 | 1 017.19 | 1 093.68 |
EBIT | 2 278.47 | 2 450.86 | 106.30 | 115.36 | 140.60 |
Net earnings | 42.68 | 62.25 | 83.88 | 75.20 | 114.87 |
Shareholders equity total | 423.33 | 471.12 | 554.72 | 610.70 | 708.32 |
Balance sheet total (assets) | 1 252.51 | 1 500.64 | 1 589.22 | 1 684.68 | 2 026.34 |
Net debt | - 559.58 | - 456.34 | - 468.51 | ||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 3.7 % | 3.3 % | 3.7 % |
ROA | 183.5 % | 178.0 % | 7.8 % | 8.0 % | 8.9 % |
ROE | 10.6 % | 13.9 % | 16.4 % | 12.9 % | 17.5 % |
ROI | 183.5 % | 178.0 % | 10.8 % | 16.9 % | 18.8 % |
Economic value added (EVA) | 2 259.43 | 2 429.59 | 55.89 | 41.59 | 63.37 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 45.9 % | 48.6 % | 47.4 % |
Gearing | 0.9 % | ||||
Relative net indebtedness % | 10.5 % | 11.8 % | 16.3 % | ||
Liquidity | |||||
Quick ratio | 2.9 | 3.3 | 3.2 | ||
Current ratio | 1.6 | 1.7 | 1.7 | ||
Cash and cash equivalents | 559.58 | 461.58 | 468.51 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 66.1 | 65.3 | 65.2 | ||
Net working capital % | 17.1 % | 16.0 % | 17.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | AA | AA |
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