NIRAS PROPERTY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIRAS PROPERTY A/S
NIRAS PROPERTY A/S (CVR number: 26127025) is a company from ALLERØD. The company reported a net sales of 6.9 mDKK in 2023, demonstrating a growth of 16.9 % compared to the previous year. The operating profit percentage was at 17.9 % (EBIT: 1.2 mDKK), while net earnings were 814 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NIRAS PROPERTY A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 723.00 | 2 836.00 | 5 864.00 | 6 853.00 | |
Gross profit | -25.00 | 380.00 | 951.00 | 4 682.00 | 4 955.00 |
EBIT | -25.00 | 274.00 | - 825.00 | 823.00 | 1 229.00 |
Net earnings | 417.00 | 1 449.00 | - 695.00 | 525.00 | 814.00 |
Shareholders equity total | 28 423.00 | 29 456.00 | 28 761.00 | 29 286.00 | 30 100.00 |
Balance sheet total (assets) | 28 423.00 | 33 982.00 | 35 973.00 | 42 165.00 | 47 096.00 |
Net debt | -2 168.00 | 2 459.00 | 6 544.00 | 4 429.00 | |
Profitability | |||||
EBIT-% | 37.9 % | -29.1 % | 14.0 % | 17.9 % | |
ROA | 1.9 % | 2.0 % | -2.4 % | 2.1 % | 3.0 % |
ROE | 1.5 % | 5.0 % | -2.4 % | 1.8 % | 2.7 % |
ROI | 1.9 % | 2.1 % | -2.5 % | 2.3 % | 3.4 % |
Economic value added (EVA) | -1 454.42 | -1 233.72 | -2 212.69 | -1 120.86 | -1 015.86 |
Solvency | |||||
Equity ratio | 100.0 % | 86.7 % | 80.0 % | 69.7 % | 65.7 % |
Gearing | 4.2 % | 14.3 % | 33.1 % | 29.3 % | |
Relative net indebtedness % | 155.7 % | 195.7 % | 165.9 % | 183.9 % | |
Liquidity | |||||
Quick ratio | 3.0 | 0.8 | 0.7 | 0.6 | |
Current ratio | 3.0 | 0.8 | 0.7 | 0.6 | |
Cash and cash equivalents | 3 400.00 | 1 662.00 | 3 150.00 | 4 394.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 81.6 | 23.7 | 45.1 | ||
Net working capital % | 703.7 % | -30.6 % | -47.9 % | -91.8 % | |
Credit risk | |||||
Credit rating | BB | A | A | AA | AA |
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