NXTIQ ApS — Credit Rating and Financial Key Figures

CVR number: 38221884
Åboulevard 7, 1635 København V
stefangram@yahoo.com
tel: 71111971
www.nxtiq.com

Credit rating

Company information

Official name
NXTIQ ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About NXTIQ ApS

NXTIQ ApS (CVR number: 38221884) is a company from KØBENHAVN. The company recorded a gross profit of 1325.8 kDKK in 2023, demonstrating a decline of -7.3 % compared to the previous year. The operating profit was 404.7 kDKK, while net earnings were 400.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.8 %, which can be considered excellent and Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NXTIQ ApS's liquidity measured by quick ratio was 2.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales175.69129.40658.461 453.25
Gross profit138.4794.33617.841 430.091 325.75
EBIT54.713.71215.06428.55404.70
Net earnings42.242.28165.10326.70400.80
Shareholders equity total166.02168.30311.20637.90832.72
Balance sheet total (assets)184.35194.88626.591 040.281 354.07
Net debt- 181.76- 194.88- 365.71- 748.56-1 003.06
Profitability
EBIT-%31.1 %2.9 %32.7 %29.5 %
ROA23.4 %2.1 %52.4 %51.4 %33.8 %
ROE29.2 %1.4 %68.9 %68.8 %54.5 %
ROI39.0 %2.4 %89.7 %88.3 %51.3 %
Economic value added (EVA)51.0410.47176.95344.24424.95
Solvency
Equity ratio90.1 %86.4 %49.7 %61.3 %61.5 %
Gearing3.3 %10.3 %
Relative net indebtedness %-93.0 %-130.1 %-7.6 %-25.3 %
Liquidity
Quick ratio10.17.32.02.62.6
Current ratio10.17.32.02.62.6
Cash and cash equivalents181.76194.88365.71769.721 088.94
Capital use efficiency
Trade debtors turnover (days)68.0
Net working capital %94.5 %130.1 %47.3 %43.9 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:33.8%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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