Nexel A/S — Credit Rating and Financial Key Figures

CVR number: 20214414
Hovedgaden 36, 4520 Svinninge
nexel@nexel.dk
tel: 72101011

Credit rating

Company information

Official name
Nexel A/S
Personnel
684 persons
Established
1902
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About Nexel A/S

Nexel A/S (CVR number: 20214414) is a company from HOLBÆK. The company reported a net sales of 2272.7 mDKK in 2023, demonstrating a growth of 30.8 % compared to the previous year. The operating profit percentage was at 3.4 % (EBIT: 77.1 mDKK), while net earnings were 66.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. Nexel A/S's liquidity measured by quick ratio was 2.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 697.521 139.131 404.971 737.322 272.74
Gross profit504.79402.04443.79346.94379.95
EBIT187.6725.6772.1673.7577.13
Net earnings165.8252.0351.8857.9366.61
Shareholders equity total3 334.90281.46333.34391.27459.20
Balance sheet total (assets)4 149.44645.93585.99612.43736.33
Net debt1.29
Profitability
EBIT-%11.1 %2.3 %5.1 %4.2 %3.4 %
ROA3.6 %1.1 %11.7 %12.5 %12.8 %
ROE3.9 %2.9 %16.9 %16.0 %15.7 %
ROI3.6 %1.1 %11.7 %15.3 %20.3 %
Economic value added (EVA)-75.17- 141.9158.0141.3640.98
Solvency
Equity ratio100.0 %100.0 %100.0 %63.9 %62.4 %
Gearing0.3 %
Relative net indebtedness %12.7 %12.2 %
Liquidity
Quick ratio2.32.1
Current ratio2.62.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)0.10.5
Net working capital %20.4 %19.0 %
Credit risk
Credit ratingBBBABBBAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.4%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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