Credit rating
Company information
About Navi Merchants A/S
Navi Merchants A/S (CVR number: 42186937) is a company from KØBENHAVN. The company reported a net sales of 152.2 mEUR in 2023, demonstrating a decline of -12.1 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 1.7 mEUR), while net earnings were 3672.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. Navi Merchants A/S's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 173 113.47 | 152 170.42 | |
Gross profit | 936.00 | 9 832.59 | 3 436.66 |
EBIT | 524.00 | 7 625.47 | 1 663.50 |
Net earnings | 597.00 | 10 279.10 | 3 672.51 |
Shareholders equity total | 1 270.00 | 11 574.83 | 13 284.43 |
Balance sheet total (assets) | 9 977.00 | 26 017.37 | 35 004.04 |
Net debt | 4 963.72 | -3 738.50 | 7 623.70 |
Profitability | |||
EBIT-% | 4.4 % | 1.1 % | |
ROA | 7.4 % | 67.2 % | 14.9 % |
ROE | 47.0 % | 160.1 % | 29.5 % |
ROI | 11.0 % | 110.1 % | 22.6 % |
Economic value added (EVA) | 407.48 | 5 942.92 | 1 412.99 |
Solvency | |||
Equity ratio | 12.7 % | 46.1 % | 42.4 % |
Gearing | 426.2 % | 0.2 % | 72.5 % |
Relative net indebtedness % | 4.0 % | 11.5 % | |
Liquidity | |||
Quick ratio | 0.8 | 1.8 | 1.4 |
Current ratio | 1.0 | 1.9 | 1.3 |
Cash and cash equivalents | 448.88 | 3 759.15 | 2 004.09 |
Capital use efficiency | |||
Trade debtors turnover (days) | 16.6 | 37.2 | |
Net working capital % | 5.4 % | 3.6 % | |
Credit risk | |||
Credit rating | BB | BB | BBB |
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