Nature Footwear A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nature Footwear A/S
Nature Footwear A/S (CVR number: 31285550) is a company from TØNDER. The company recorded a gross profit of 1682.8 kDKK in 2023. The operating profit was -823.9 kDKK, while net earnings were -663 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -26.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58 %, 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. Nature Footwear A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 312.26 | 4 127.43 | 3 670.68 | 2 385.57 | 1 682.80 |
EBIT | 1 554.91 | 2 103.28 | 955.79 | - 369.76 | - 823.92 |
Net earnings | 1 209.75 | 1 659.49 | 779.42 | - 264.79 | - 663.02 |
Shareholders equity total | 3 480.52 | 5 140.02 | 3 919.44 | 2 854.64 | 2 191.62 |
Balance sheet total (assets) | 4 498.99 | 9 288.24 | 5 833.81 | 4 658.97 | 3 780.14 |
Net debt | -1 000.66 | -3 591.80 | - 736.41 | 515.64 | 696.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.6 % | 31.1 % | 13.4 % | -6.3 % | -18.5 % |
ROE | 42.1 % | 38.5 % | 17.2 % | -7.8 % | -26.3 % |
ROI | 53.9 % | 48.9 % | 20.9 % | -8.0 % | -23.5 % |
Economic value added (EVA) | 1 097.58 | 1 460.76 | 482.73 | - 514.71 | - 827.53 |
Solvency | |||||
Equity ratio | 77.4 % | 55.3 % | 67.2 % | 61.3 % | 58.0 % |
Gearing | 1.7 % | 1.3 % | 14.3 % | 28.8 % | 35.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 1.5 | 1.3 | 0.7 | 0.6 |
Current ratio | 4.2 | 2.2 | 2.9 | 2.5 | 2.3 |
Cash and cash equivalents | 1 060.49 | 3 660.49 | 1 298.29 | 307.03 | 86.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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