Nimmer 1959 ApS — Credit Rating and Financial Key Figures

CVR number: 38347411
Skyumvej 6, Vilsund 7700 Thisted

Credit rating

Company information

Official name
Nimmer 1959 ApS
Established
2017
Domicile
Vilsund
Company form
Private limited company
Industry

About Nimmer 1959 ApS

Nimmer 1959 ApS (CVR number: 38347411) is a company from THISTED. The company recorded a gross profit of 273.8 kDKK in 2023. The operating profit was 186.7 kDKK, while net earnings were 34.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.6 %, 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. Nimmer 1959 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit383.10370.66411.81242.00273.77
EBIT300.11283.54324.69155.00186.65
Net earnings123.39106.63140.1531.0034.27
Shareholders equity total752.25858.88999.031 030.001 064.73
Balance sheet total (assets)6 838.046 888.876 469.186 227.006 065.42
Net debt5 181.634 954.604 758.894 634.004 493.66
Profitability
EBIT-%
ROA4.4 %4.1 %4.9 %2.4 %3.0 %
ROE17.9 %13.2 %15.1 %3.1 %3.3 %
ROI4.5 %4.2 %4.9 %2.5 %3.2 %
Economic value added (EVA)141.18122.72162.3510.6831.07
Solvency
Equity ratio11.0 %12.5 %15.4 %16.5 %17.6 %
Gearing742.7 %646.1 %502.4 %460.1 %425.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.00.0
Current ratio0.10.10.10.00.0
Cash and cash equivalents405.00594.39260.21105.0031.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:3.04%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.6%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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