NES TECH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NES TECH A/S
NES TECH A/S (CVR number: 30828461) is a company from KØBENHAVN. The company reported a net sales of 49.8 mDKK in 2024, demonstrating a growth of 36.7 % compared to the previous year. The operating profit percentage was at 10.9 % (EBIT: 5.4 mDKK), while net earnings were 3496.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 36 402.53 | 49 771.81 | |||
Gross profit | 17 293.35 | 15 799.88 | 18 135.06 | 24 586.41 | 38 264.05 |
EBIT | 4 676.78 | - 282.88 | 479.73 | 724.29 | 5 419.43 |
Net earnings | 4 276.17 | - 352.35 | 164.88 | 111.89 | 3 496.24 |
Shareholders equity total | 15 798.28 | 12 946.03 | 13 110.91 | 13 222.80 | 16 719.04 |
Balance sheet total (assets) | 27 026.16 | 24 556.96 | 22 976.75 | 23 624.07 | 30 359.88 |
Net debt | -5 418.67 | -2 272.21 | 2 207.20 | 1 085.30 | -8 358.25 |
Profitability | |||||
EBIT-% | 2.0 % | 10.9 % | |||
ROA | 27.9 % | -1.1 % | 2.0 % | 3.1 % | 20.1 % |
ROE | 44.3 % | -2.5 % | 1.3 % | 0.8 % | 23.4 % |
ROI | 36.3 % | -1.4 % | 2.6 % | 4.0 % | 26.7 % |
Economic value added (EVA) | 4 414.26 | -1 351.00 | - 607.31 | - 476.34 | 3 204.96 |
Solvency | |||||
Equity ratio | 58.5 % | 52.7 % | 57.1 % | 56.0 % | 55.1 % |
Gearing | 37.0 % | 43.8 % | 38.7 % | 36.3 % | 28.7 % |
Relative net indebtedness % | 18.4 % | -1.3 % | |||
Liquidity | |||||
Quick ratio | 2.4 | 2.1 | 2.3 | 2.2 | 2.4 |
Current ratio | 2.4 | 2.1 | 2.3 | 2.2 | 2.4 |
Cash and cash equivalents | 11 259.72 | 7 947.89 | 2 869.60 | 3 716.98 | 13 163.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.5 | 29.6 | |||
Net working capital % | 35.6 % | 35.2 % | |||
Credit risk | |||||
Credit rating | A | BBB | A | A | AAA |
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