NRE DENMARK A/S
Credit rating
Company information
About NRE DENMARK A/S
NRE DENMARK A/S (CVR number: 30488512) is a company from IKAST-BRANDE. The company recorded a gross profit of 38.9 mDKK in 2023. The operating profit was 32.2 mDKK, while net earnings were 31.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. NRE DENMARK 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 51 455.29 | 17 839.55 | 10 769.91 | 47 623.91 | 38 868.29 |
EBIT | 35 481.35 | 10 922.30 | 1 901.75 | 37 707.77 | 32 186.14 |
Net earnings | 29 142.62 | 9 796.89 | 16 317.11 | 29 735.52 | 31 456.77 |
Shareholders equity total | 98 665.71 | 73 462.59 | 89 779.71 | 109 515.23 | 133 472.00 |
Balance sheet total (assets) | 331 782.00 | 281 376.22 | 245 876.33 | 249 340.79 | 247 338.11 |
Net debt | 142 214.52 | 121 956.98 | 48 038.93 | 33 105.30 | 39 822.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | 5.3 % | 9.3 % | 16.7 % | 17.8 % |
ROE | 35.5 % | 11.4 % | 20.0 % | 29.8 % | 25.9 % |
ROI | 19.9 % | 7.0 % | 13.4 % | 26.2 % | 25.1 % |
Economic value added (EVA) | 24 690.97 | 4 249.05 | -2 326.66 | 28 556.78 | 21 658.04 |
Solvency | |||||
Equity ratio | 29.7 % | 26.1 % | 36.5 % | 43.9 % | 54.0 % |
Gearing | 144.4 % | 166.4 % | 53.8 % | 30.5 % | 30.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.5 | 0.6 | 0.4 |
Current ratio | 0.4 | 0.6 | 0.5 | 0.6 | 0.4 |
Cash and cash equivalents | 290.78 | 290.35 | 287.96 | 286.67 | 287.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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