Netto Biler A/S — Credit Rating and Financial Key Figures

CVR number: 40624791
Ragnasvej 1, 8600 Silkeborg

Company information

Official name
Netto Biler A/S
Personnel
34 persons
Established
2019
Company form
Limited company
Industry

About Netto Biler A/S

Netto Biler A/S (CVR number: 40624791) is a company from SILKEBORG. The company recorded a gross profit of 27.2 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 54.3 %, which can be considered excellent and Return on Equity (ROE) was 50 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Netto Biler A/S's liquidity measured by quick ratio was 5.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit31 844.7824 792.9820 548.4227 167.90
EBIT13 857.4812 317.499 299.0615 135.63
Net earnings10 708.429 555.107 206.8711 931.67
Shareholders equity total10 000.0020 708.4220 263.5217 915.2929 846.96
Balance sheet total (assets)27 528.8225 939.6520 718.5135 808.35
Net debt-18 853.98-16 528.77-7 331.58-20 381.40
Profitability
EBIT-%
ROA50.3 %46.1 %39.9 %54.3 %
ROE34.9 %46.6 %37.8 %50.0 %
ROI66.1 %59.5 %47.9 %62.4 %
Economic value added (EVA)10 303.339 512.987 058.2011 276.27
Solvency
Equity ratio100.0 %75.8 %78.1 %86.5 %83.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.64.05.45.2
Current ratio3.64.16.36.7
Cash and cash equivalents18 853.9816 528.777 331.5820 381.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:54.3%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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