B. NYGAARD SØRENSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About B. NYGAARD SØRENSEN A/S
B. NYGAARD SØRENSEN A/S (CVR number: 10627583) is a company from HERLEV. The company reported a net sales of 512.7 mDKK in 2018, demonstrating a decline of -13.2 % compared to the previous year. The operating profit percentage was poor at -0.8 % (EBIT: -4 mDKK), while net earnings were 728.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. B. NYGAARD SØRENSEN A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 613.14 | 590.79 | 512.72 |
Gross profit | 64.34 | 69.04 | 57.76 |
EBIT | 6.67 | 8.52 | -3.98 |
Net earnings | 9.09 | 7.62 | 0.73 |
Shareholders equity total | 64.39 | 72.01 | 72.74 |
Balance sheet total (assets) | 213.39 | 266.44 | 308.28 |
Net debt | -16.82 | 24.06 | 21.78 |
Profitability | |||
EBIT-% | 1.1 % | 1.4 % | -0.8 % |
ROA | 5.5 % | 4.6 % | 1.2 % |
ROE | 14.1 % | 11.2 % | 1.0 % |
ROI | 16.8 % | 12.6 % | 3.4 % |
Economic value added (EVA) | 5.53 | 4.41 | -5.78 |
Solvency | |||
Equity ratio | 34.3 % | 32.3 % | 27.8 % |
Gearing | 33.9 % | 30.2 % | |
Relative net indebtedness % | 20.7 % | 31.6 % | 44.4 % |
Liquidity | |||
Quick ratio | 1.8 | 1.8 | 1.7 |
Current ratio | 1.4 | 1.4 | 1.3 |
Cash and cash equivalents | 16.82 | 0.34 | 0.20 |
Capital use efficiency | |||
Trade debtors turnover (days) | 94.7 | 77.2 | 109.8 |
Net working capital % | 8.3 % | 12.2 % | 14.4 % |
Credit risk | |||
Credit rating | A | A | BBB |
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