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NISS SØRENSEN & SØN TRADING A/S — Credit Rating and Financial Key Figures

CVR number: 46513215
Drosselvej 9, Balling 7860 Spøttrup
Free credit report Annual report

Credit rating

Company information

Official name
NISS SØRENSEN & SØN TRADING A/S
Personnel
5 persons
Established
1976
Domicile
Balling
Company form
Limited company
Industry

About NISS SØRENSEN & SØN TRADING A/S

NISS SØRENSEN & SØN TRADING A/S (CVR number: 46513215) is a company from SKIVE. The company recorded a gross profit of 1830.7 kDKK in 2024. The operating profit was -247.8 kDKK, while net earnings were -171.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -8.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NISS SØRENSEN & SØN TRADING A/S's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 339.922 127.392 026.391 799.721 830.70
EBIT- 574.35- 153.0176.27-59.71- 247.81
Net earnings- 482.13- 201.4242.70-33.92- 171.08
Shareholders equity total1 737.922 136.492 179.192 145.271 974.19
Balance sheet total (assets)5 986.326 161.013 751.162 750.512 723.98
Net debt-8.08-1 548.59-1 115.06- 594.37- 511.42
Profitability
EBIT-%
ROA-9.1 %-1.9 %2.9 %-0.5 %-7.4 %
ROE-27.9 %-10.4 %2.0 %-1.6 %-8.3 %
ROI-10.8 %-2.3 %3.6 %-0.7 %-9.8 %
Economic value added (EVA)- 688.91- 371.85- 200.75- 192.96- 301.09
Solvency
Equity ratio29.0 %34.7 %58.1 %78.0 %72.5 %
Gearing188.0 %141.9 %33.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.31.41.1
Current ratio1.41.52.34.53.5
Cash and cash equivalents3 274.524 581.311 833.96594.37511.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-7.36%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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