NCC PROPERTY DEVELOPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NCC PROPERTY DEVELOPMENT A/S
NCC PROPERTY DEVELOPMENT A/S (CVR number: 26708672) is a company from GLADSAXE. The company reported a net sales of 3.9 mDKK in 2023, demonstrating a decline of -87.5 % compared to the previous year. The operating profit percentage was poor at -1317.9 % (EBIT: -51.5 mDKK), while net earnings were 117.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 65.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NCC PROPERTY DEVELOPMENT A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 269 000.00 | 24 000.00 | 850 000.00 | 31 352.00 | 3 907.00 |
Gross profit | 21 000.00 | 45 000.00 | 170 000.00 | 41 507.00 | -18 588.00 |
EBIT | -8 000.00 | 19 000.00 | 142 000.00 | 12 225.00 | -51 489.00 |
Net earnings | -12 000.00 | 75 000.00 | 106 000.00 | 7 093.00 | 117 928.00 |
Shareholders equity total | 216 000.00 | 190 000.00 | 296 000.00 | 153 479.00 | 208 407.00 |
Balance sheet total (assets) | 659 000.00 | 775 000.00 | 517 000.00 | 756 871.00 | 416 657.00 |
Net debt | 571 650.00 | 146 594.00 | |||
Profitability | |||||
EBIT-% | -3.0 % | 79.2 % | 16.7 % | 39.0 % | -1317.9 % |
ROA | -1.0 % | 2.6 % | 22.0 % | 2.1 % | 18.9 % |
ROE | -5.4 % | 36.9 % | 43.6 % | 3.2 % | 65.2 % |
ROI | -1.0 % | 2.6 % | 22.0 % | 2.1 % | 19.3 % |
Economic value added (EVA) | -19 457.00 | 8 146.00 | 132 452.50 | -5 308.30 | -47 771.67 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 20.3 % | 50.0 % |
Gearing | 372.5 % | 70.3 % | |||
Relative net indebtedness % | 1862.8 % | 4064.2 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.4 | |||
Current ratio | 1.0 | 0.9 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 70.7 | 888.9 | |||
Net working capital % | 66.3 % | -389.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | BBB |
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