Nissens Cooling Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 40212116
Vejlevej 19, 8700 Horsens
tel: 76262626
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Company information

Official name
Nissens Cooling Solutions A/S
Personnel
79 persons
Established
1972
Company form
Limited company
Industry

About Nissens Cooling Solutions A/S

Nissens Cooling Solutions A/S (CVR number: 40212116) is a company from HORSENS. The company reported a net sales of 1020.3 mDKK in 2024, demonstrating a decline of -5.9 % compared to the previous year. The operating profit percentage was poor at -17.6 % (EBIT: -179.9 mDKK), while net earnings were -145.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -41.3 %, which can be considered poor and Return on Equity (ROE) was -64.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nissens Cooling Solutions A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 032.68638.031 123.311 084.661 020.29
Gross profit145.9534.421 123.319.30-63.19
EBIT-3.37-60.27- 173.55- 128.63- 179.91
Net earnings-4.31-42.33- 135.70- 106.81- 145.66
Shareholders equity total204.49162.1626.4669.64-76.02
Balance sheet total (assets)610.82451.11419.55403.69385.08
Net debt556.77341.38225.67376.19
Profitability
EBIT-%-0.3 %-9.4 %-15.4 %-11.9 %-17.6 %
ROA0.3 %-9.9 %-39.9 %-31.2 %-41.3 %
ROE-2.1 %-23.1 %-143.9 %-222.3 %-64.1 %
ROI0.3 %-12.1 %-44.2 %-35.8 %-51.4 %
Economic value added (EVA)-33.83-86.00- 200.74- 102.90- 157.30
Solvency
Equity ratio22.6 %25.0 %100.0 %17.3 %-16.5 %
Gearing272.7 %222.2 %324.0 %-497.9 %
Relative net indebtedness %66.1 %70.4 %30.4 %43.4 %
Liquidity
Quick ratio0.80.81.00.8
Current ratio0.91.01.30.8
Cash and cash equivalents0.8218.860.002.31
Capital use efficiency
Trade debtors turnover (days)48.260.838.140.8
Net working capital %-6.5 %-2.7 %5.8 %-6.5 %
Credit risk
Credit ratingABBBBBBBBB

Variable visualization

ROA:-41.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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