K. NISSEN INTERNATIONAL A/S — Credit Rating and Financial Key Figures

CVR number: 70606917
Ormhøjgårdvej 9, 8700 Horsens

Credit rating

Company information

Official name
K. NISSEN INTERNATIONAL A/S
Personnel
2 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About K. NISSEN INTERNATIONAL A/S

K. NISSEN INTERNATIONAL A/S (CVR number: 70606917K) is a company from HORSENS. The company reported a net sales of 1584.3 mDKK in 2021, demonstrating a decline of -35 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 121 mDKK), while net earnings were 833.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 144.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K. NISSEN INTERNATIONAL A/S's liquidity measured by quick ratio was 0.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales1 675.671 982.861 943.202 438.811 584.30
Gross profit572.54632.84591.86743.94333.51
EBIT169.08209.76152.87276.45120.97
Net earnings92.67156.95109.12206.64833.66
Shareholders equity total585.26666.82672.80806.37346.30
Balance sheet total (assets)1 127.501 385.891 436.381 790.92989.55
Net debt101.906.8649.13105.71180.08
Profitability
EBIT-%10.1 %10.6 %7.9 %11.3 %7.6 %
ROA15.4 %16.8 %11.3 %17.5 %8.8 %
ROE16.9 %25.1 %16.3 %27.9 %144.6 %
ROI23.4 %25.9 %17.5 %27.1 %14.6 %
Economic value added (EVA)101.52125.9283.70184.55123.75
Solvency
Equity ratio51.9 %49.7 %46.9 %45.1 %35.0 %
Gearing27.8 %27.7 %36.2 %33.0 %52.0 %
Relative net indebtedness %27.8 %26.5 %28.3 %32.6 %39.7 %
Liquidity
Quick ratio1.21.31.11.10.6
Current ratio2.52.12.11.91.7
Cash and cash equivalents60.80178.16194.56160.09
Capital use efficiency
Trade debtors turnover (days)66.771.568.886.062.8
Net working capital %31.6 %31.0 %31.0 %28.7 %23.1 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:8.82%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

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