NTG CONTINENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NTG CONTINENT A/S
NTG CONTINENT A/S (CVR number: 33396074) is a company from KOLDING. The company recorded a gross profit of 65.5 mDKK in 2023. The operating profit was 19.1 mDKK, while net earnings were 15.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good but Return on Equity (ROE) was 49 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NTG CONTINENT A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 57 162.00 | 68 205.00 | 80 382.00 | 105 044.00 | 65 513.00 |
EBIT | 57 162.00 | 68 205.00 | 80 382.00 | 60 155.00 | 19 066.00 |
Net earnings | 13 713.00 | 22 566.00 | 28 725.00 | 46 983.00 | 15 552.00 |
Shareholders equity total | 13 109.00 | 23 066.00 | 29 225.00 | 47 483.00 | 16 052.00 |
Balance sheet total (assets) | 92 372.00 | 117 781.00 | 138 445.00 | 152 878.00 | 133 079.00 |
Net debt | 2 846.00 | 2 803.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 63.9 % | 64.9 % | 62.7 % | 41.6 % | 14.0 % |
ROE | 84.4 % | 124.8 % | 109.9 % | 122.5 % | 49.0 % |
ROI | 63.9 % | 64.9 % | 62.7 % | 64.1 % | 57.8 % |
Economic value added (EVA) | 56 187.40 | 67 546.27 | 79 222.93 | 45 478.54 | 13 106.48 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 31.1 % | 12.1 % |
Gearing | 6.0 % | 17.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | |||
Current ratio | 1.3 | 1.1 | |||
Cash and cash equivalents | 15.00 | 8.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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