NCC PROPERTY DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 26708672
Tobaksvejen 2 A, 2860 Søborg

Credit rating

Company information

Official name
NCC PROPERTY DEVELOPMENT A/S
Personnel
18 persons
Established
2002
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales269 000.0024 000.00850 000.0031 352.003 907.00
Gross profit21 000.0045 000.00170 000.0041 507.00-18 588.00
EBIT-8 000.0019 000.00142 000.0012 225.00-51 489.00
Net earnings-12 000.0075 000.00106 000.007 093.00117 928.00
Shareholders equity total216 000.00190 000.00296 000.00153 479.00208 407.00
Balance sheet total (assets)659 000.00775 000.00517 000.00756 871.00416 657.00
Net debt571 650.00146 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)-19 457.008 146.00132 452.50-5 308.30-47 771.67
Solvency
Equity ratio100.0 %100.0 %100.0 %20.3 %50.0 %
Gearing372.5 %70.3 %
Relative net indebtedness %1862.8 %4064.2 %
Liquidity
Quick ratio0.70.4
Current ratio1.00.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)70.7888.9
Net working capital %66.3 %-389.1 %
Credit risk
Credit ratingBBBBBBBBBAABBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chief executive officer

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