NIPPON GASES DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 64233610
Røde Banke 120, Erritsø 7000 Fredericia
danmark@nippongases.com
tel: 76208995
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Company information

Official name
NIPPON GASES DANMARK A/S
Personnel
94 persons
Established
1933
Domicile
Erritsø
Company form
Limited company
Industry

About NIPPON GASES DANMARK A/S

NIPPON GASES DANMARK A/S (CVR number: 64233610) is a company from FREDERICIA. The company recorded a gross profit of 162.2 mDKK in 2024. The operating profit was 72.1 mDKK, while net earnings were 59.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. NIPPON GASES DANMARK 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales272.23287.60349.78
Gross profit123.20118.59149.77163.62162.23
EBIT46.4939.0459.9177.3672.08
Net earnings41.0133.0147.1463.4659.05
Shareholders equity total179.94132.96180.09243.55177.60
Balance sheet total (assets)287.22245.84301.23370.15304.25
Net debt14.7015.5315.42
Profitability
EBIT-%17.1 %13.6 %17.1 %
ROA17.5 %14.6 %22.4 %24.4 %22.7 %
ROE25.7 %21.1 %30.1 %30.0 %28.0 %
ROI17.5 %14.6 %26.4 %32.5 %30.3 %
Economic value added (EVA)39.5130.0040.1449.3941.85
Solvency
Equity ratio100.0 %100.0 %59.8 %65.8 %58.4 %
Gearing8.5 %6.5 %8.9 %
Relative net indebtedness %29.0 %
Liquidity
Quick ratio1.52.11.4
Current ratio1.72.31.6
Cash and cash equivalents0.610.210.30
Capital use efficiency
Trade debtors turnover (days)56.4
Net working capital %19.4 %
Credit risk
Credit ratingBBBBBBAAAAAAA

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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