EUROFINS NSC DENMARK A/S
Credit rating
Company information
About EUROFINS NSC DENMARK A/S
EUROFINS NSC DENMARK A/S (CVR number: 62225319) is a company from SKANDERBORG. The company recorded a gross profit of 28.1 mDKK in 2023. The operating profit was 920.1 kDKK, while net earnings were 1290.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3 %, 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. EUROFINS NSC DENMARK A/S's liquidity measured by quick ratio was 1 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23 175.75 | 25 067.96 | 23 916.29 | 24 988.57 | 28 149.39 |
EBIT | 2 419.19 | 2 900.20 | 1 818.74 | 1 825.83 | 920.07 |
Net earnings | 1 453.69 | 1 933.84 | 1 371.62 | 1 421.09 | 1 290.37 |
Shareholders equity total | 6 791.30 | 8 725.14 | 8 163.75 | 8 214.85 | 8 084.22 |
Balance sheet total (assets) | 161 988.29 | 250 560.91 | 290 148.83 | 259 070.94 | 269 810.33 |
Net debt | 147 582.20 | 231 262.04 | 277 439.69 | 247 353.11 | 257 467.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 1.5 % | 0.7 % | 1.1 % | 3.7 % |
ROE | 24.0 % | 24.9 % | 16.2 % | 17.4 % | 15.8 % |
ROI | 1.9 % | 1.5 % | 0.7 % | 1.1 % | 3.8 % |
Economic value added (EVA) | 2 514.80 | 1 921.27 | 975.54 | 1 006.25 | 304.97 |
Solvency | |||||
Equity ratio | 4.2 % | 3.5 % | 2.8 % | 3.1 % | 3.0 % |
Gearing | 2173.2 % | 2650.6 % | 3398.5 % | 3011.0 % | 3184.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Current ratio | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Cash and cash equivalents | 3.19 | 5.50 | 5.50 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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