NCG Motor Company A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NCG Motor Company A/S
NCG Motor Company A/S (CVR number: 62532319K) is a company from BALLERUP. The company reported a net sales of 3602.7 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 22.5 mDKK), while net earnings were 46.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 23.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NCG Motor Company A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 619.23 | 3 876.39 | 3 192.11 | 3 520.58 | 3 602.72 |
Gross profit | 520.47 | -3 743.15 | -2 943.28 | -3 278.16 | -3 427.53 |
EBIT | 8.90 | 13.51 | 19.91 | 19.65 | 22.50 |
Net earnings | 10.22 | 16.49 | 19.62 | 32.23 | 46.52 |
Shareholders equity total | 121.13 | 136.33 | 159.22 | 194.24 | 197.75 |
Balance sheet total (assets) | 1 372.92 | 1 298.74 | 1 036.89 | 1 234.36 | 596.66 |
Net debt | -20.34 | -32.68 | -15.28 | - 199.81 | - 334.00 |
Profitability | |||||
EBIT-% | 0.2 % | 0.3 % | 0.6 % | 0.6 % | 0.6 % |
ROA | 0.8 % | 1.0 % | 1.9 % | 4.4 % | 6.5 % |
ROE | 8.8 % | 12.8 % | 13.3 % | 18.2 % | 23.7 % |
ROI | 2.1 % | 3.0 % | 5.5 % | 11.2 % | 15.5 % |
Economic value added (EVA) | 5.78 | 11.32 | 10.94 | 6.25 | 9.86 |
Solvency | |||||
Equity ratio | 8.8 % | 10.5 % | 15.4 % | 15.7 % | 33.1 % |
Gearing | 3.4 % | 2.3 % | 1.3 % | 0.7 % | |
Relative net indebtedness % | 34.0 % | 29.0 % | 26.9 % | 23.8 % | 1.8 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.1 | 1.3 | 1.4 |
Current ratio | 1.2 | 1.2 | 1.3 | 1.4 | 1.4 |
Cash and cash equivalents | 20.34 | 37.27 | 18.87 | 202.33 | 335.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 109.3 | 96.2 | 95.3 | 86.9 | 22.6 |
Net working capital % | 5.2 % | 4.4 % | 6.2 % | 10.0 % | 4.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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