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

Nissens Automotive Service A/S (CVR number: 42210749) is a company from HORSENS. The company recorded a gross profit of 23.3 mDKK in 2023. The operating profit was 3853 kDKK, while net earnings were 2987 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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 Service A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.