NITEX A/S — Credit Rating and Financial Key Figures

CVR number: 75992610
Lyngbakkevej 25, 8643 Ans By
ov@nitex.net
tel: 86870725

Credit rating

Company information

Official name
NITEX A/S
Established
1984
Company form
Limited company
Industry

About NITEX A/S

NITEX A/S (CVR number: 75992610) is a company from SILKEBORG. The company recorded a gross profit of -42.8 kDKK in 2023. The operating profit was -42.8 kDKK, while net earnings were 1285.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NITEX A/S's liquidity measured by quick ratio was 22.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 052.341 042.312 014.14- 106.28-42.85
EBIT355.24510.892 008.14- 106.28-42.85
Net earnings569.101 314.402 124.62-1 191.481 285.85
Shareholders equity total11 262.3012 576.7013 701.3212 509.8312 395.69
Balance sheet total (assets)18 062.1418 627.3315 033.9313 015.0012 968.89
Net debt2 822.17901.75-13 985.32-11 256.36-12 638.79
Profitability
EBIT-%
ROA6.1 %8.8 %17.3 %4.1 %13.0 %
ROE5.2 %11.0 %16.2 %-9.1 %10.3 %
ROI6.3 %9.0 %18.2 %4.4 %13.5 %
Economic value added (EVA)- 473.46- 190.26932.58-68.63-96.41
Solvency
Equity ratio62.4 %67.5 %91.1 %96.1 %95.6 %
Gearing56.7 %43.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.63.811.325.822.6
Current ratio2.63.811.325.822.6
Cash and cash equivalents3 562.804 620.1913 985.3211 256.3612 638.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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