Credit rating
Company information
About NNF India A/S
NNF India A/S (CVR number: 43179977) is a company from GENTOFTE. The company reported a net sales of 3.9 mDKK in 2023, demonstrating a growth of 170.1 % compared to the previous year. The operating profit percentage was at 5.8 % (EBIT: 0.2 mDKK), while net earnings were 4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. NNF India A/S's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 1 441.00 | 3 892.00 |
Gross profit | 1 047.00 | 2 467.00 |
EBIT | 116.00 | 224.00 |
Net earnings | 85.00 | 4.00 |
Shareholders equity total | 1 085.00 | 1 082.00 |
Balance sheet total (assets) | 1 753.00 | 1 559.00 |
Net debt | - 988.00 | - 830.00 |
Profitability | ||
EBIT-% | 8.0 % | 5.8 % |
ROA | 6.7 % | 15.2 % |
ROE | 7.8 % | 0.4 % |
ROI | 10.8 % | 23.2 % |
Economic value added (EVA) | 90.46 | 154.17 |
Solvency | ||
Equity ratio | 61.9 % | 69.4 % |
Gearing | ||
Relative net indebtedness % | -22.2 % | -9.1 % |
Liquidity | ||
Quick ratio | 2.6 | 3.3 |
Current ratio | 2.6 | 3.3 |
Cash and cash equivalents | 988.00 | 830.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 75.3 % | 27.8 % |
Credit risk | ||
Credit rating | B | B |
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