NKE-ELNET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NKE-ELNET A/S
NKE-ELNET A/S (CVR number: 27412823) is a company from NÆSTVED. The company reported a net sales of 38.2 mDKK in 2023, demonstrating a growth of 36.5 % compared to the previous year. The operating profit percentage was at 16.4 % (EBIT: 6.3 mDKK), while net earnings were 6205 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.4 %, 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. NKE-ELNET A/S's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 23.75 | 27.43 | 22.75 | 27.98 | 38.18 |
Gross profit | 8.69 | 10.60 | 20.85 | 17.61 | 29.85 |
EBIT | 2.15 | 4.20 | 1.86 | -5.14 | 6.28 |
Net earnings | 2.66 | 3.84 | 1.85 | -7.41 | 6.21 |
Shareholders equity total | 98.75 | 102.59 | 104.44 | 97.04 | 103.24 |
Balance sheet total (assets) | 136.19 | 142.21 | 147.30 | 155.65 | 161.48 |
Net debt | -35.46 | -36.64 | -39.00 | -20.55 | -16.50 |
Profitability | |||||
EBIT-% | 9.1 % | 15.3 % | 8.2 % | -18.4 % | 16.4 % |
ROA | 2.6 % | 3.6 % | 1.7 % | -3.4 % | 5.1 % |
ROE | 2.7 % | 3.8 % | 1.8 % | -7.4 % | 6.2 % |
ROI | 3.4 % | 4.7 % | 2.3 % | -4.6 % | 6.9 % |
Economic value added (EVA) | -1.47 | 0.21 | -1.74 | -7.79 | 2.32 |
Solvency | |||||
Equity ratio | 72.5 % | 72.1 % | 71.3 % | 62.7 % | 64.4 % |
Gearing | 2.3 % | 2.3 % | 1.6 % | 19.5 % | 15.2 % |
Relative net indebtedness % | -11.6 % | -5.1 % | -113.2 % | -35.7 % | -13.6 % |
Liquidity | |||||
Quick ratio | 3.2 | 3.4 | 3.3 | 1.7 | 2.0 |
Current ratio | 3.2 | 3.4 | 3.1 | 1.6 | 1.9 |
Cash and cash equivalents | 37.70 | 38.96 | 40.65 | 39.45 | 32.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.4 | 53.2 | 51.2 | 70.2 | 94.5 |
Net working capital % | -5.5 % | 2.3 % | -5.7 % | -38.8 % | -17.6 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | A | AAA |
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