NIELS STENNEVAD HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIELS STENNEVAD HOLDING A/S
NIELS STENNEVAD HOLDING A/S (CVR number: 19378233) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 61 kDKK in 2023. The operating profit was -236.9 kDKK, while net earnings were 1875.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NIELS STENNEVAD HOLDING A/S's liquidity measured by quick ratio was 179.1 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 | - 173.51 | - 147.16 | - 192.29 | - 136.01 | 61.00 |
EBIT | - 432.13 | - 257.09 | - 451.11 | - 395.56 | - 236.88 |
Net earnings | -1 725.09 | 6 181.28 | 2 272.78 | - 507.45 | 1 875.74 |
Shareholders equity total | 26 168.55 | 31 149.82 | 32 222.60 | 30 515.14 | 31 190.89 |
Balance sheet total (assets) | 26 288.32 | 32 026.46 | 32 486.20 | 30 673.89 | 31 350.34 |
Net debt | -22 165.58 | -28 990.92 | -29 468.17 | -26 786.18 | -27 920.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.7 % | 27.1 % | 9.2 % | 7.8 % | 7.7 % |
ROE | -6.2 % | 21.6 % | 7.2 % | -1.6 % | 6.1 % |
ROI | 0.7 % | 27.6 % | 9.4 % | 7.8 % | 7.7 % |
Economic value added (EVA) | - 516.08 | - 402.54 | - 456.54 | - 462.36 | - 373.51 |
Solvency | |||||
Equity ratio | 99.5 % | 97.3 % | 99.2 % | 99.5 % | 99.5 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 186.3 | 33.1 | 111.8 | 172.6 | 179.1 |
Current ratio | 186.3 | 33.1 | 111.8 | 172.6 | 179.1 |
Cash and cash equivalents | 22 165.58 | 28 990.92 | 29 468.17 | 26 786.18 | 27 923.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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