ROSSING NIELSEN ELECTRONIC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROSSING NIELSEN ELECTRONIC A/S
ROSSING NIELSEN ELECTRONIC A/S (CVR number: 44998017) is a company from HOLBÆK. The company recorded a gross profit of -61 kDKK in 2023. The operating profit was -541 kDKK, while net earnings were 679 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ROSSING NIELSEN ELECTRONIC A/S's liquidity measured by quick ratio was 36.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 108.54 | -67.52 | -78.76 | -64.73 | -61.04 |
EBIT | - 588.54 | - 547.51 | - 558.76 | - 304.73 | - 541.04 |
Net earnings | 143.02 | 892.21 | 1 180.82 | -1 522.73 | 679.00 |
Shareholders equity total | 14 523.06 | 15 283.91 | 10 731.48 | 8 908.75 | 9 448.83 |
Balance sheet total (assets) | 15 419.94 | 15 726.14 | 10 953.41 | 9 203.82 | 9 715.00 |
Net debt | -13 923.90 | -15 227.11 | -10 758.52 | -8 441.27 | -9 211.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 7.6 % | 11.6 % | -1.6 % | 9.6 % |
ROE | 0.9 % | 6.0 % | 9.1 % | -15.5 % | 7.4 % |
ROI | 3.5 % | 7.6 % | 11.7 % | -1.6 % | 9.7 % |
Economic value added (EVA) | - 474.29 | - 396.27 | - 422.31 | - 229.78 | - 432.28 |
Solvency | |||||
Equity ratio | 94.2 % | 97.2 % | 98.0 % | 96.8 % | 97.3 % |
Gearing | 5.6 % | 2.1 % | 1.2 % | 2.9 % | 2.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.0 | 35.6 | 49.4 | 31.2 | 36.5 |
Current ratio | 17.0 | 35.6 | 49.4 | 31.2 | 36.5 |
Cash and cash equivalents | 14 743.54 | 15 550.63 | 10 890.26 | 8 703.03 | 9 405.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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