NSH Sæby A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NSH Sæby A/S
NSH Sæby A/S (CVR number: 39492296K) is a company from FREDERIKSHAVN. The company reported a net sales of 868.5 mDKK in 2023, demonstrating a growth of 2.2 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 59.3 mDKK), while net earnings were 40.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 38.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. NSH Sæby A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 658.19 | 628.16 | 664.22 | 850.03 | 868.48 |
Gross profit | 153.32 | 157.73 | 173.04 | 205.96 | 221.46 |
EBIT | 20.24 | 28.61 | 35.29 | 51.25 | 59.34 |
Net earnings | 9.23 | 17.28 | 24.54 | 36.63 | 40.90 |
Shareholders equity total | 19.82 | 36.89 | 61.23 | 91.86 | 120.75 |
Balance sheet total (assets) | 334.50 | 271.49 | 325.52 | 430.85 | 412.87 |
Net debt | 89.74 | 130.28 | |||
Profitability | |||||
EBIT-% | 3.1 % | 4.6 % | 5.3 % | 6.0 % | 6.8 % |
ROA | 6.3 % | 9.4 % | 11.8 % | 13.8 % | 14.3 % |
ROE | 60.3 % | 60.9 % | 50.0 % | 47.8 % | 38.5 % |
ROI | 11.6 % | 18.9 % | 22.1 % | 26.7 % | 22.7 % |
Economic value added (EVA) | 14.74 | 27.61 | 33.43 | 36.91 | 39.69 |
Solvency | |||||
Equity ratio | 3.4 % | 8.0 % | 10.7 % | 22.2 % | 30.6 % |
Gearing | 98.7 % | 108.5 % | |||
Relative net indebtedness % | 41.1 % | 30.8 % | 33.9 % | 35.0 % | 28.1 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.0 | 0.6 | 0.5 |
Current ratio | 1.0 | 1.2 | 1.0 | 1.1 | 1.3 |
Cash and cash equivalents | 0.91 | 0.69 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.1 | 41.8 | |||
Net working capital % | 0.7 % | 2.8 % | 0.9 % | 4.2 % | 7.3 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AAA |
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