NIELS BIRK ApS — Credit Rating and Financial Key Figures

CVR number: 29311331
Jegstrupvej 8, 8361 Hasselager
niels@nielsbirk.dk
tel: 86280203

Credit rating

Company information

Official name
NIELS BIRK ApS
Personnel
3 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About NIELS BIRK ApS

NIELS BIRK ApS (CVR number: 29311331) is a company from AARHUS. The company recorded a gross profit of 3290.5 kDKK in 2023. The operating profit was 1748 kDKK, while net earnings were 1360.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49 %, which can be considered excellent and Return on Equity (ROE) was 53.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. NIELS BIRK ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 170.991 803.651 911.961 692.193 290.52
EBIT482.05413.02655.21600.641 747.97
Net earnings302.56351.53446.91473.981 360.19
Shareholders equity total2 005.092 246.022 392.942 466.922 627.11
Balance sheet total (assets)2 706.852 769.152 956.013 119.854 027.95
Net debt-1 263.55-1 439.66-1 441.37-1 507.62-1 150.70
Profitability
EBIT-%
ROA19.3 %17.0 %23.0 %20.3 %49.0 %
ROE15.9 %16.5 %19.3 %19.5 %53.4 %
ROI25.3 %21.6 %27.5 %24.6 %68.1 %
Economic value added (EVA)332.50282.08468.15421.371 315.25
Solvency
Equity ratio74.1 %81.1 %81.0 %79.1 %65.2 %
Gearing2.3 %2.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.05.65.94.63.9
Current ratio4.27.37.66.03.9
Cash and cash equivalents1 263.551 439.661 497.441 563.691 150.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:49.0%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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