NRE COPENHAGEN A/S — Credit Rating and Financial Key Figures

CVR number: 40074511
Finsensvej 3, 7430 Ikast

Company information

Official name
NRE COPENHAGEN A/S
Personnel
1 person
Established
2018
Company form
Limited company
Industry

About NRE COPENHAGEN A/S

NRE COPENHAGEN A/S (CVR number: 40074511) is a company from IKAST-BRANDE. The company recorded a gross profit of -21633.8 kDKK in 2023. The operating profit was -25.1 mDKK, while net earnings were -16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -27.1 %, which can be considered poor and Return on Equity (ROE) was -112.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.6 %, 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. NRE COPENHAGEN A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit16 980.57936.28-2 069.54-2 260.70-21 633.75
EBIT6 018.79-5 454.11-4 896.45-5 872.29-25 128.06
Net earnings4 612.61-4 857.44-3 524.39-4 194.54-16 120.00
Shareholders equity total4 939.7882.34-3 442.0522 363.406 243.41
Balance sheet total (assets)65 122.6461 483.1649 292.3064 473.7872 223.27
Net debt30 557.6629 361.9440 390.6619 157.5218 040.78
Profitability
EBIT-%
ROA10.1 %-8.6 %-6.1 %-6.0 %-27.1 %
ROE93.4 %-193.4 %-14.3 %-11.7 %-112.7 %
ROI15.8 %-15.1 %-9.8 %-8.5 %-55.4 %
Economic value added (EVA)4 694.06-4 251.17-3 824.27-4 407.57-20 723.29
Solvency
Equity ratio7.6 %0.1 %-6.5 %34.7 %8.6 %
Gearing721.5 %35660.3 %-1173.4 %85.7 %289.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.00.91.61.1
Current ratio1.11.00.91.61.1
Cash and cash equivalents5 082.504.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-27.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.64%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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