NIC. CHRISTIANSEN INVEST A/S
Credit rating
Company information
About NIC. CHRISTIANSEN INVEST A/S
NIC. CHRISTIANSEN INVEST A/S (CVR number: 51035011K) is a company from KOLDING. The company reported a net sales of 1121 mDKK in 2023, demonstrating a growth of 6 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 41.8 mDKK), while net earnings were 41.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 30.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NIC. CHRISTIANSEN INVEST A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 867.65 | 526.83 | 710.50 | 1 057.90 | 1 121.01 |
Gross profit | 395.18 | 277.32 | 361.87 | 538.65 | 518.79 |
EBIT | 13.34 | -56.24 | -8.92 | 82.23 | 41.84 |
Net earnings | 13.34 | -56.24 | -8.92 | 82.23 | 41.84 |
Shareholders equity total | 182.54 | 136.25 | 125.20 | 177.64 | 179.16 |
Balance sheet total (assets) | 517.08 | 492.57 | 566.44 | 627.95 | 598.09 |
Net debt | 64.66 | 49.27 | -27.47 | -49.93 | -8.42 |
Profitability | |||||
EBIT-% | 1.5 % | -10.7 % | -1.3 % | 7.8 % | 3.7 % |
ROA | 3.6 % | -10.0 % | -0.3 % | 15.8 % | 7.7 % |
ROE | 10.3 % | -49.2 % | -9.8 % | 77.2 % | 30.8 % |
ROI | 5.6 % | -16.1 % | -0.5 % | 26.1 % | 14.6 % |
Economic value added (EVA) | 3.80 | -57.81 | -12.66 | 114.49 | 52.61 |
Solvency | |||||
Equity ratio | 37.8 % | 30.6 % | 24.7 % | 31.0 % | 33.1 % |
Gearing | 51.9 % | 66.4 % | 94.6 % | 67.4 % | 69.2 % |
Relative net indebtedness % | 32.1 % | 55.2 % | 38.4 % | 24.1 % | 23.6 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.8 | 1.1 | 1.2 | 1.1 |
Current ratio | 0.8 | 0.7 | 0.9 | 1.0 | 1.0 |
Cash and cash equivalents | 30.14 | 41.25 | 145.95 | 169.73 | 132.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.4 | 17.6 | 35.9 | 33.3 | 27.3 |
Net working capital % | -6.1 % | -15.0 % | -2.6 % | 0.6 % | -1.2 % |
Credit risk | |||||
Credit rating | AA | BBB | BBB | A | A |
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