NIKOSAX A/S
Credit rating
Company information
About NIKOSAX A/S
NIKOSAX A/S (CVR number: 87219712) is a company from AABENRAA. The company recorded a gross profit of 36.6 mDKK in 2023. The operating profit was 16.2 mDKK, while net earnings were 11 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 172.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NIKOSAX A/S's liquidity measured by quick ratio was 2.5 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 | 26 189.30 | 14 510.60 | 24 295.02 | 29 430.79 | 36 567.26 |
EBIT | 9 163.16 | -11 080.79 | 4 875.87 | 9 878.76 | 16 150.59 |
Net earnings | 5 842.86 | -10 083.81 | 2 771.72 | 5 916.91 | 10 991.78 |
Shareholders equity total | 12 207.29 | -7 779.94 | -5 015.56 | 866.84 | 11 898.99 |
Balance sheet total (assets) | 223 292.91 | 244 520.85 | 269 067.71 | 322 442.64 | 231 746.29 |
Net debt | 151 298.01 | 109 648.38 | 140 252.30 | 158 164.25 | 129 041.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.7 % | -4.3 % | 1.9 % | 3.4 % | 6.4 % |
ROE | 51.3 % | -7.9 % | 1.1 % | 4.4 % | 172.2 % |
ROI | 5.2 % | -5.8 % | 3.2 % | 6.0 % | 11.4 % |
Economic value added (EVA) | 8 450.40 | -6 844.70 | 5 954.74 | 9 419.79 | 12 943.97 |
Solvency | |||||
Equity ratio | 5.5 % | -3.1 % | -1.8 % | 0.3 % | 5.1 % |
Gearing | 1534.0 % | -1833.4 % | -3321.0 % | 18999.3 % | 1112.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 2.2 | 1.8 | 2.5 |
Current ratio | 1.0 | 1.0 | 2.2 | 1.8 | 2.5 |
Cash and cash equivalents | 35 962.44 | 32 986.24 | 26 312.45 | 6 529.74 | 3 295.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BBB |
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