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Th. Nielsens Gade 29 A-G ApS — Credit Rating and Financial Key Figures

CVR number: 38682598
Nørregade 44, 7400 Herning
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Company information

Official name
Th. Nielsens Gade 29 A-G ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About Th. Nielsens Gade 29 A-G ApS

Th. Nielsens Gade 29 A-G ApS (CVR number: 38682598) is a company from HERNING. The company recorded a gross profit of 3147.3 kDKK in 2024. The operating profit was 2099.2 kDKK, while net earnings were 270.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. Th. Nielsens Gade 29 A-G ApS's liquidity measured by quick ratio was 0.4 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 profit3 058.583 033.892 633.003 259.773 147.34
EBIT2 385.282 257.581 659.932 244.442 099.20
Net earnings1 231.781 214.764 184.63102.49270.09
Shareholders equity total18 679.1819 518.9317 328.5717 431.0517 701.14
Balance sheet total (assets)61 875.8261 359.8461 475.8360 506.8160 340.21
Net debt41 693.4940 010.3140 587.7741 022.0040 876.72
Profitability
EBIT-%
ROA4.1 %3.7 %10.9 %3.7 %3.5 %
ROE6.7 %6.4 %22.7 %0.6 %1.5 %
ROI4.1 %3.7 %11.1 %3.7 %3.5 %
Economic value added (EVA)- 844.63-1 278.28-1 729.98-1 350.82-1 465.73
Solvency
Equity ratio30.2 %31.8 %28.2 %28.8 %29.3 %
Gearing223.3 %205.5 %238.1 %237.5 %231.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.50.50.4
Current ratio0.10.10.50.50.4
Cash and cash equivalents12.09103.71678.22376.00169.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.49%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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