K. NISSEN INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About K. NISSEN INTERNATIONAL A/S
K. NISSEN INTERNATIONAL A/S (CVR number: 70606917) is a company from HORSENS. The company recorded a gross profit of 2496 kDKK in 2023. The operating profit was -713 kDKK, while net earnings were -3672 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.2 %, 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 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 24 252.00 | 15 466.00 | -8 263.00 | 2 289.00 | 2 496.00 |
EBIT | 4 240.00 | -12 328.00 | -16 854.00 | - 662.00 | - 713.00 |
Net earnings | 109 093.00 | 57 432.00 | 1 292 346.00 | -2 370.00 | -3 672.00 |
Shareholders equity total | 70 334.00 | 62 766.00 | 45 112.00 | 42 743.00 | 39 071.00 |
Balance sheet total (assets) | 466 421.00 | 417 691.00 | 208 196.00 | 229 588.00 | 108 298.00 |
Net debt | 268 661.00 | 282 139.00 | 152 205.00 | 182 986.00 | 64 033.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.2 % | 14.8 % | 414.1 % | 1.2 % | 3.9 % |
ROE | 165.8 % | 86.3 % | 2395.9 % | -5.4 % | -9.0 % |
ROI | 32.2 % | 15.7 % | 440.9 % | 1.3 % | 3.9 % |
Economic value added (EVA) | 9 433.22 | -4 671.27 | -11 160.80 | -2 396.11 | -1 922.65 |
Solvency | |||||
Equity ratio | 15.0 % | 15.0 % | 21.5 % | 18.5 % | 35.2 % |
Gearing | 525.6 % | 517.1 % | 337.4 % | 428.1 % | 163.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 1.2 | 1.2 | 1.4 |
Current ratio | 0.4 | 0.3 | 1.2 | 1.2 | 1.4 |
Cash and cash equivalents | 101 019.00 | 42 399.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BB | A | A |
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