NISSEN CAPITAL A/S — Credit Rating and Financial Key Figures

CVR number: 26399319
Industrivej 32, 6330 Padborg

Company information

Official name
NISSEN CAPITAL A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry

About NISSEN CAPITAL A/S

NISSEN CAPITAL A/S (CVR number: 26399319K) is a company from AABENRAA. The company reported a net sales of 503.2 mDKK in 2023, demonstrating a decline of -14.2 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 6 mDKK), while net earnings were 1589 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20 %, 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. NISSEN CAPITAL A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales414.50436.14508.75586.51503.24
Gross profit142.59146.15150.35166.33156.95
EBIT-5.4711.2129.2826.985.98
Net earnings-9.599.4317.3618.301.59
Shareholders equity total78.2690.24102.09108.1587.30
Balance sheet total (assets)333.39338.45405.91443.44436.83
Net debt79.3445.7693.5981.92145.89
Profitability
EBIT-%-1.3 %2.6 %5.8 %4.6 %1.2 %
ROA-1.6 %4.7 %9.3 %7.4 %2.9 %
ROE-16.5 %15.9 %28.9 %31.5 %2.9 %
ROI-2.0 %6.7 %12.9 %9.3 %3.5 %
Economic value added (EVA)-9.767.0519.5617.180.36
Solvency
Equity ratio23.5 %26.7 %25.1 %24.5 %20.0 %
Gearing150.4 %94.5 %134.2 %120.9 %189.3 %
Relative net indebtedness %51.2 %46.4 %50.1 %46.9 %63.8 %
Liquidity
Quick ratio0.80.80.70.90.9
Current ratio0.80.80.80.90.9
Cash and cash equivalents38.4039.5243.4548.8419.41
Capital use efficiency
Trade debtors turnover (days)56.770.767.755.467.6
Net working capital %-8.3 %-13.9 %-14.5 %-6.2 %-5.8 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:2.86%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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