NES TECH A/S — Credit Rating and Financial Key Figures

CVR number: 30828461
Kristianiagade 1, 2100 København Ø
kontakt@nestech.dk
tel: 21696551
www.nestech.dk

Company information

Official name
NES TECH A/S
Personnel
37 persons
Established
2007
Company form
Limited company
Industry

About NES TECH A/S

NES TECH A/S (CVR number: 30828461) is a company from KØBENHAVN. The company recorded a gross profit of 24.6 mDKK in 2023. The operating profit was 724.3 kDKK, while net earnings were 111.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NES TECH A/S's liquidity measured by quick ratio was 2.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales16 543.90
Gross profit8 974.5417 293.3515 799.8818 135.0624 586.41
EBIT1 760.324 676.78- 282.88479.73724.29
Net earnings1 347.704 276.17- 352.35164.88111.89
Shareholders equity total3 522.2115 798.2812 946.0313 110.9113 222.80
Balance sheet total (assets)6 546.7327 026.1624 556.9622 976.7523 624.07
Net debt-1 494.47-5 418.67-2 272.212 207.201 085.30
Profitability
EBIT-%10.6 %
ROA26.9 %27.9 %-1.1 %2.0 %3.1 %
ROE47.3 %44.3 %-2.5 %1.3 %0.8 %
ROI52.5 %36.3 %-1.4 %2.6 %4.0 %
Economic value added (EVA)1 449.344 548.39-91.3677.27-77.03
Solvency
Equity ratio53.8 %58.5 %52.7 %57.1 %56.0 %
Gearing16.7 %37.0 %43.8 %38.7 %36.3 %
Relative net indebtedness %5.7 %
Liquidity
Quick ratio2.12.42.12.32.2
Current ratio2.12.42.12.32.2
Cash and cash equivalents2 081.8511 259.727 947.892 869.603 716.98
Capital use efficiency
Trade debtors turnover (days)24.2
Net working capital %20.4 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.11%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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