NKT (Denmark) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NKT (Denmark) A/S
NKT (Denmark) A/S (CVR number: 25711548) is a company from ODSHERRED. The company reported a net sales of 160.5 mEUR in 2023, demonstrating a decline of -12.4 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0 mEUR), while net earnings were -726 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NKT (Denmark) A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 119.44 | 118.48 | 145.96 | 183.12 | 160.47 |
Gross profit | 11.51 | 14.68 | 24.81 | 28.96 | 20.99 |
EBIT | -9.05 | -7.82 | 1.52 | 8.31 | -0.02 |
Net earnings | -7.41 | -6.44 | 0.69 | 5.03 | -0.73 |
Shareholders equity total | 64.29 | 57.20 | 58.78 | 64.13 | 48.58 |
Balance sheet total (assets) | 145.85 | 138.08 | 145.17 | 146.02 | 120.86 |
Net debt | 53.98 | 49.96 | 44.90 | ||
Profitability | |||||
EBIT-% | -7.6 % | -6.6 % | 1.0 % | 4.5 % | -0.0 % |
ROA | -6.2 % | -5.5 % | 1.4 % | 7.4 % | 2.6 % |
ROE | -10.9 % | -10.6 % | 1.2 % | 8.2 % | -1.3 % |
ROI | -6.2 % | -5.5 % | 1.6 % | 9.5 % | 3.3 % |
Economic value added (EVA) | -12.66 | -11.05 | -1.72 | 3.15 | -4.64 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 40.5 % | 43.9 % | 40.2 % |
Gearing | 91.8 % | 79.1 % | 92.4 % | ||
Relative net indebtedness % | 59.2 % | 44.3 % | 45.0 % | ||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.8 | ||
Current ratio | 2.3 | 2.3 | 2.4 | ||
Cash and cash equivalents | 0.79 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.2 | 35.2 | 28.7 | ||
Net working capital % | 47.4 % | 38.1 % | 41.1 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA | A |
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