NISS SØRENSEN & SØN SPÄNDBETON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NISS SØRENSEN & SØN SPÄNDBETON A/S
NISS SØRENSEN & SØN SPÄNDBETON A/S (CVR number: 25830792) is a company from SKIVE. The company recorded a gross profit of -276.9 kDKK in 2023. The operating profit was -308.6 kDKK, while net earnings were -281.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -16.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NISS SØRENSEN & SØN SPÄNDBETON A/S's liquidity measured by quick ratio was 26.6 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 | 2 128.31 | - 273.75 | 211.06 | 1 808.74 | - 276.87 |
EBIT | 294.54 | - 305.45 | 179.36 | 1 777.04 | - 308.57 |
Net earnings | 158.99 | - 264.33 | 95.30 | 1 203.84 | - 281.18 |
Shareholders equity total | 1 630.30 | 1 115.97 | 1 211.27 | 2 415.11 | 983.93 |
Balance sheet total (assets) | 2 292.56 | 1 648.66 | 2 357.03 | 3 019.61 | 1 022.34 |
Net debt | - 253.14 | - 960.51 | -1 321.95 | - 713.40 | - 656.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.0 % | -11.9 % | 12.2 % | 68.7 % | -12.8 % |
ROE | 8.8 % | -19.2 % | 8.2 % | 66.4 % | -16.5 % |
ROI | 22.4 % | -17.0 % | 20.9 % | 101.8 % | -15.2 % |
Economic value added (EVA) | 200.04 | - 307.45 | 132.42 | 1 391.64 | - 326.19 |
Solvency | |||||
Equity ratio | 71.1 % | 67.7 % | 51.4 % | 80.0 % | 96.2 % |
Gearing | 0.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 2.9 | 2.0 | 4.9 | 26.6 |
Current ratio | 3.3 | 2.9 | 2.0 | 4.9 | 26.6 |
Cash and cash equivalents | 253.14 | 967.23 | 1 321.95 | 713.40 | 656.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BB |
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