Nexion Northern Europe A/S
Credit rating
Company information
About Nexion Northern Europe A/S
Nexion Northern Europe A/S (CVR number: 16174394) is a company from HEDENSTED. The company recorded a gross profit of 58.5 mDKK in 2023. The operating profit was -2017 kDKK, while net earnings were -24.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -43.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.9 %, 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. Nexion Northern Europe A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 43 413.00 | 29 700.00 | 37 860.00 | 51 977.00 | 58 478.00 |
EBIT | -26 870.00 | -4 453.00 | -10 376.00 | 4 949.00 | -2 017.00 |
Net earnings | -54 765.00 | -17 444.00 | -8 973.00 | 19 762.00 | -24 685.00 |
Shareholders equity total | 38 800.00 | 17 934.00 | 50 527.00 | 67 550.00 | 45 095.00 |
Balance sheet total (assets) | 310 562.00 | 210 923.00 | 298 203.00 | 330 086.00 | 325 222.00 |
Net debt | 258 453.00 | 182 908.00 | 177 462.00 | 191 377.00 | 222 758.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -15.8 % | -5.5 % | -1.1 % | 7.3 % | -4.8 % |
ROE | -141.1 % | -61.5 % | -26.2 % | 33.5 % | -43.8 % |
ROI | -16.3 % | -5.7 % | -1.3 % | 9.1 % | -5.8 % |
Economic value added (EVA) | -26 098.90 | 365.52 | -5 053.47 | 12 508.99 | 5 504.12 |
Solvency | |||||
Equity ratio | 12.5 % | 8.5 % | 16.9 % | 20.5 % | 13.9 % |
Gearing | 666.2 % | 1021.7 % | 352.4 % | 297.9 % | 497.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.1 | 0.2 | 0.5 | 0.5 |
Current ratio | 0.5 | 0.1 | 0.6 | 0.9 | 0.9 |
Cash and cash equivalents | 39.00 | 330.00 | 605.00 | 9 857.00 | 1 657.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | BBB |
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