NYBORG STRAND FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About NYBORG STRAND FONDEN
NYBORG STRAND FONDEN (CVR number: 62028815K) is a company from NYBORG. The company recorded a gross profit of 109.7 mDKK in 2023. The operating profit was 19 mDKK, while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.6 %, 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. NYBORG STRAND FONDEN's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 93 188.00 | 55 838.00 | 72 048.00 | 103 208.29 | 109 653.16 |
EBIT | 16 714.00 | -3 566.00 | 7 253.00 | 25 549.15 | 19 005.51 |
Net earnings | 9 229.00 | -5 291.00 | 3 155.00 | 17 488.56 | 13 155.01 |
Shareholders equity total | 158 622.00 | 153 214.00 | 156 339.00 | 173 573.36 | 186 358.37 |
Balance sheet total (assets) | 409 788.00 | 379 984.00 | 381 072.00 | 390 611.08 | 400 259.03 |
Net debt | 131 178.79 | 109 924.99 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | -0.9 % | 1.9 % | 6.6 % | 5.0 % |
ROE | 6.0 % | -3.4 % | 2.0 % | 10.6 % | 7.3 % |
ROI | 4.1 % | -0.9 % | 1.9 % | 6.7 % | 5.2 % |
Economic value added (EVA) | 9 193.23 | -11 536.76 | - 446.00 | 12 074.04 | -19.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 44.5 % | 46.6 % |
Gearing | 92.4 % | 81.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.2 | |||
Current ratio | 2.4 | 2.2 | |||
Cash and cash equivalents | 29 196.71 | 41 470.77 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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