RESIDENCE MASSENA NICE A/S — Credit Rating and Financial Key Figures

CVR number: 78819618
Bybækterrasserne 103 F, 3520 Farum

Company information

Official name
RESIDENCE MASSENA NICE A/S
Established
1985
Company form
Limited company
Industry

About RESIDENCE MASSENA NICE A/S

RESIDENCE MASSENA NICE A/S (CVR number: 78819618) is a company from FURESØ. The company recorded a gross profit of 433.4 kDKK in 2023. The operating profit was -42.6 kDKK, while net earnings were -123.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RESIDENCE MASSENA NICE A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit825.58818.14404.811 242.96433.44
EBIT354.35388.34-72.16736.05-42.62
Net earnings117.85186.22- 266.60595.68- 123.13
Shareholders equity total8 507.818 694.028 427.429 023.118 899.98
Balance sheet total (assets)14 681.0914 514.6014 407.1914 187.0714 056.61
Net debt1 416.28567.51818.01303.06163.71
Profitability
EBIT-%
ROA2.5 %2.7 %-0.5 %5.2 %-0.3 %
ROE1.4 %2.2 %-3.1 %6.8 %-1.4 %
ROI3.3 %3.5 %-0.7 %6.9 %-0.4 %
Economic value added (EVA)- 120.72- 100.16- 529.91354.65- 495.12
Solvency
Equity ratio62.4 %64.5 %63.1 %68.9 %70.6 %
Gearing23.7 %21.3 %19.6 %15.9 %12.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.40.60.6
Current ratio0.50.50.30.40.3
Cash and cash equivalents598.121 280.56837.361 133.51967.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.29%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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