Nicon Holding A/S — Credit Rating and Financial Key Figures

Nicon Holding A/S (CVR number: 43713299K) is a company from ESBJERG. The company recorded a gross profit of 103.1 mDKK in 2023. The operating profit was 33.7 mDKK, while net earnings were 21.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent and Return on Equity (ROE) was 51.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, 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. Nicon Holding A/S's liquidity measured by quick ratio was 1.1 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.