NILAN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NILAN HOLDING A/S
NILAN HOLDING A/S (CVR number: 27684440K) is a company from HEDENSTED. The company reported a net sales of 426.4 mDKK in 2023, demonstrating a decline of -18.8 % compared to the previous year. The operating profit percentage was at 14.4 % (EBIT: 61.5 mDKK), while net earnings were 87.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NILAN HOLDING A/S's liquidity measured by quick ratio was 11.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 314.56 | 359.94 | 438.82 | 524.82 | 426.41 |
Gross profit | 83.41 | 99.39 | 108.74 | 120.36 | 105.06 |
EBIT | 54.85 | 68.50 | 93.48 | 77.24 | 61.53 |
Net earnings | 38.36 | 81.03 | 65.54 | 70.52 | 87.59 |
Shareholders equity total | 376.66 | 458.13 | 523.55 | 593.04 | 523.55 |
Balance sheet total (assets) | 433.20 | 533.58 | 604.30 | 674.65 | 604.30 |
Net debt | - 285.09 | - 302.76 | - 371.29 | - 434.77 | - 556.79 |
Profitability | |||||
EBIT-% | 17.4 % | 19.0 % | 21.3 % | 14.7 % | 14.4 % |
ROA | 15.0 % | 22.3 % | 18.9 % | 16.8 % | 18.3 % |
ROE | 10.7 % | 19.5 % | 13.4 % | 12.7 % | 15.7 % |
ROI | 16.6 % | 24.9 % | 21.2 % | 18.5 % | 20.1 % |
Economic value added (EVA) | 38.44 | 49.37 | 65.82 | 52.76 | 39.97 |
Solvency | |||||
Equity ratio | 86.9 % | 85.9 % | 86.6 % | 87.9 % | 88.1 % |
Gearing | 0.4 % | 0.4 % | 0.3 % | 0.3 % | |
Relative net indebtedness % | -75.8 % | -66.4 % | -70.3 % | -71.0 % | -117.4 % |
Liquidity | |||||
Quick ratio | 8.2 | 6.7 | 7.5 | 8.0 | 11.1 |
Current ratio | 9.4 | 7.5 | 8.7 | 9.7 | 12.5 |
Cash and cash equivalents | 286.76 | 304.43 | 372.91 | 436.78 | 556.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 72.2 | 70.8 | 75.3 | 50.7 | 54.2 |
Net working capital % | 44.2 % | 45.5 % | 57.1 % | 50.7 % | 72.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | A |
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