Nygade 20 ApS — Credit Rating and Financial Key Figures

CVR number: 39683229
Nygade 20, 6950 Ringkøbing

Credit rating

Company information

Official name
Nygade 20 ApS
Established
2018
Company form
Private limited company
Industry

About Nygade 20 ApS

Nygade 20 ApS (CVR number: 39683229) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 531.5 kDKK in 2024. The operating profit was 303.1 kDKK, while net earnings were -2.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.2 %, 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. Nygade 20 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit203.71189.59317.92492.70531.45
EBIT114.4690.43199.92326.80303.05
Net earnings49.4334.35104.41262.44-2.37
Shareholders equity total2 043.101 967.462 071.872 334.322 331.95
Balance sheet total (assets)6 350.457 153.627 721.4810 908.4112 137.28
Net debt359.664 546.264 887.777 860.259 074.99
Profitability
EBIT-%
ROA1.8 %1.3 %2.7 %3.5 %2.6 %
ROE2.4 %1.7 %5.2 %11.9 %-0.1 %
ROI2.5 %1.8 %2.7 %3.6 %2.7 %
Economic value added (EVA)- 219.49-78.72- 203.69- 150.84- 324.02
Solvency
Equity ratio32.2 %27.5 %26.8 %21.4 %19.2 %
Gearing17.6 %231.1 %235.9 %336.7 %389.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.000.000.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:2.63%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.2%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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