RESIDENCE MASSENA NICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 825.58 | 818.14 | 404.81 | 1 242.96 | 433.44 |
EBIT | 354.35 | 388.34 | -72.16 | 736.05 | -42.62 |
Net earnings | 117.85 | 186.22 | - 266.60 | 595.68 | - 123.13 |
Shareholders equity total | 8 507.81 | 8 694.02 | 8 427.42 | 9 023.11 | 8 899.98 |
Balance sheet total (assets) | 14 681.09 | 14 514.60 | 14 407.19 | 14 187.07 | 14 056.61 |
Net debt | 1 416.28 | 567.51 | 818.01 | 303.06 | 163.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 2.7 % | -0.5 % | 5.2 % | -0.3 % |
ROE | 1.4 % | 2.2 % | -3.1 % | 6.8 % | -1.4 % |
ROI | 3.3 % | 3.5 % | -0.7 % | 6.9 % | -0.4 % |
Economic value added (EVA) | - 120.72 | - 100.16 | - 529.91 | 354.65 | - 495.12 |
Solvency | |||||
Equity ratio | 62.4 % | 64.5 % | 63.1 % | 68.9 % | 70.6 % |
Gearing | 23.7 % | 21.3 % | 19.6 % | 15.9 % | 12.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.4 | 0.6 | 0.6 |
Current ratio | 0.5 | 0.5 | 0.3 | 0.4 | 0.3 |
Cash and cash equivalents | 598.12 | 1 280.56 | 837.36 | 1 133.51 | 967.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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