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NN Skagen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About NN Skagen ApS
NN Skagen ApS (CVR number: 43238396K) is a company from FREDERIKSHAVN. The company reported a net sales of 647.1 mDKK in 2024, demonstrating a growth of 0.5 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 21.2 mDKK), while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 31.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.2 %, 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. NN Skagen ApS's liquidity measured by quick ratio was 1.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 453.39 | 439.79 | 610.57 | 643.89 | 647.09 |
| Gross profit | 453.39 | 439.79 | 610.57 | 90.55 | 101.51 |
| EBIT | 17.27 | 13.23 | 35.45 | 30.99 | 21.24 |
| Net earnings | 12.11 | 10.32 | 36.17 | 26.97 | 14.28 |
| Shareholders equity total | 55.84 | 62.26 | 94.87 | 98.85 | 113.03 |
| Balance sheet total (assets) | 133.65 | 131.44 | 138.57 | 238.37 | 256.00 |
| Net debt | 14.11 | 16.12 | |||
| Profitability | |||||
| EBIT-% | 3.8 % | 3.0 % | 5.8 % | 4.8 % | 3.3 % |
| ROA | 12.9 % | 10.0 % | 26.3 % | 20.4 % | 10.0 % |
| ROE | 21.4 % | 17.5 % | 46.0 % | 39.1 % | 31.5 % |
| ROI | 12.9 % | 10.0 % | 26.3 % | 25.7 % | 13.0 % |
| Economic value added (EVA) | 14.40 | 10.43 | 32.32 | 19.14 | 8.25 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 41.5 % | 44.2 % |
| Gearing | 55.9 % | 88.2 % | |||
| Relative net indebtedness % | 14.2 % | 8.2 % | |||
| Liquidity | |||||
| Quick ratio | 0.8 | 1.1 | |||
| Current ratio | 1.3 | 1.5 | |||
| Cash and cash equivalents | 41.18 | 83.61 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 31.4 | 29.4 | |||
| Net working capital % | 3.1 % | 5.5 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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