NYGAARD TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 24245446
Hejdesvej 3 D, Ortved 4100 Ringsted
tel: 57528430

Credit rating

Company information

Official name
NYGAARD TRADING ApS
Established
1975
Domicile
Ortved
Company form
Private limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About NYGAARD TRADING ApS

NYGAARD TRADING ApS (CVR number: 24245446) is a company from RINGSTED. The company recorded a gross profit of 245.2 kDKK in 2023. The operating profit was 159.2 kDKK, while net earnings were 12.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NYGAARD TRADING ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit254.15613.15310.23227.45245.19
EBIT178.55539.22226.23143.46159.19
Net earnings59.12288.02128.5725.3012.83
Shareholders equity total1 319.371 607.391 735.951 529.051 557.06
Balance sheet total (assets)4 752.306 347.785 797.325 510.735 924.51
Net debt2 842.542 811.473 178.923 442.813 838.78
Profitability
EBIT-%
ROA4.0 %9.9 %3.8 %3.0 %3.1 %
ROE4.3 %19.7 %7.7 %1.5 %0.8 %
ROI4.3 %10.9 %4.1 %3.0 %3.1 %
Economic value added (EVA)-39.71214.60-37.04- 136.85- 140.75
Solvency
Equity ratio27.8 %25.3 %29.9 %27.7 %26.3 %
Gearing217.1 %247.9 %216.1 %241.8 %262.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.53.33.21.5
Current ratio0.21.53.43.31.6
Cash and cash equivalents21.461 173.41571.63255.09240.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:3.08%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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