NIELS HARDER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIELS HARDER A/S
NIELS HARDER A/S (CVR number: 44682915) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 19.1 % (EBIT: 0.1 mDKK), while net earnings were 313.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NIELS HARDER A/S's liquidity measured by quick ratio was 3.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 949.00 | 4 011.00 | 2 741.00 | 610.00 | 644.75 |
| Gross profit | 963.00 | 1 146.00 | 668.00 | 495.00 | 569.91 |
| EBIT | - 241.00 | 8.00 | - 661.00 | -51.00 | 122.88 |
| Net earnings | 66.00 | - 160.00 | - 814.00 | 114.00 | 313.07 |
| Shareholders equity total | 4 855.00 | 4 594.00 | 3 780.00 | 3 894.00 | 4 207.17 |
| Balance sheet total (assets) | 6 549.00 | 6 157.00 | 4 414.00 | 4 347.00 | 4 535.57 |
| Net debt | - 465.00 | - 576.00 | - 354.00 | - 483.00 | - 516.76 |
| Profitability | |||||
| EBIT-% | -6.1 % | 0.2 % | -24.1 % | -8.4 % | 19.1 % |
| ROA | 2.1 % | 1.4 % | -11.5 % | 3.2 % | 7.6 % |
| ROE | 1.4 % | -3.4 % | -19.4 % | 3.0 % | 7.7 % |
| ROI | 2.8 % | 1.8 % | -14.6 % | 3.7 % | 8.3 % |
| Economic value added (EVA) | - 486.62 | - 235.96 | - 896.76 | - 240.94 | -72.80 |
| Solvency | |||||
| Equity ratio | 74.1 % | 74.6 % | 85.6 % | 89.6 % | 92.8 % |
| Gearing | |||||
| Relative net indebtedness % | 31.1 % | 24.6 % | 10.2 % | -4.9 % | -29.2 % |
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | 1.6 | 2.2 | 3.4 |
| Current ratio | 1.3 | 1.3 | 1.6 | 2.2 | 3.4 |
| Cash and cash equivalents | 465.00 | 576.00 | 354.00 | 483.00 | 516.76 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 150.6 | 137.5 | 74.7 | 299.2 | 304.1 |
| Net working capital % | 10.8 % | 13.5 % | 13.4 % | 90.7 % | 121.1 % |
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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