NAKSKOV ELNET A/S — Credit Rating and Financial Key Figures

CVR number: 29603081
Stavangervej 13, 4900 Nakskov
forsyning@lollandforsyning.dk
tel: 72301111

Company information

Official name
NAKSKOV ELNET A/S
Established
2006
Company form
Limited company
Industry

About NAKSKOV ELNET A/S

NAKSKOV ELNET A/S (CVR number: 29603081) is a company from LOLLAND. The company reported a net sales of 21.1 mDKK in 2023, demonstrating a growth of 26.4 % compared to the previous year. The operating profit percentage was at 18.5 % (EBIT: 3.9 mDKK), while net earnings were 2819.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. NAKSKOV ELNET A/S's liquidity measured by quick ratio was 0.9 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales18 042.5613 258.4012 131.4716 670.2821 065.32
Gross profit8 789.663 512.693 691.394 830.669 246.65
EBIT4 524.35- 889.79- 942.81-2.083 890.08
Net earnings3 451.29- 859.16- 887.69-14.072 819.20
Shareholders equity total68 591.8867 719.9767 030.4767 572.7370 315.90
Balance sheet total (assets)101 326.1498 663.6098 335.78102 373.81104 463.45
Net debt8 651.719 270.418 604.869 919.896 914.87
Profitability
EBIT-%25.1 %-6.7 %-7.8 %-0.0 %18.5 %
ROA4.6 %-0.9 %-0.9 %0.0 %3.8 %
ROE5.2 %-1.3 %-1.3 %-0.0 %4.1 %
ROI5.7 %-1.1 %-1.0 %0.0 %4.8 %
Economic value added (EVA)73.20-4 345.39-4 407.33-3 516.42- 581.63
Solvency
Equity ratio67.7 %68.6 %68.2 %66.0 %67.3 %
Gearing16.6 %16.6 %16.6 %14.7 %14.5 %
Relative net indebtedness %145.1 %191.9 %208.9 %188.1 %134.6 %
Liquidity
Quick ratio0.90.70.60.60.9
Current ratio1.00.70.60.70.9
Cash and cash equivalents2 709.171 975.332 523.244.533 248.97
Capital use efficiency
Trade debtors turnover (days)88.1111.8108.182.7181.7
Net working capital %-2.3 %-27.5 %-45.5 %-32.9 %-6.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.82%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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