Nissens Automotive A/S — Credit Rating and Financial Key Figures

Nissens Automotive A/S (CVR number: 39565358) is a company from HORSENS. The company reported a net sales of 1360.9 mDKK in 2023, demonstrating a growth of 10.8 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 173.1 mDKK), while net earnings were 138.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.5 %, which can be considered excellent and Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.2 %, 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. Nissens Automotive 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.