NITEX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 052.34 | 1 042.31 | 2 014.14 | - 106.28 | -42.85 |
EBIT | 355.24 | 510.89 | 2 008.14 | - 106.28 | -42.85 |
Net earnings | 569.10 | 1 314.40 | 2 124.62 | -1 191.48 | 1 285.85 |
Shareholders equity total | 11 262.30 | 12 576.70 | 13 701.32 | 12 509.83 | 12 395.69 |
Balance sheet total (assets) | 18 062.14 | 18 627.33 | 15 033.93 | 13 015.00 | 12 968.89 |
Net debt | 2 822.17 | 901.75 | -13 985.32 | -11 256.36 | -12 638.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 8.8 % | 17.3 % | 4.1 % | 13.0 % |
ROE | 5.2 % | 11.0 % | 16.2 % | -9.1 % | 10.3 % |
ROI | 6.3 % | 9.0 % | 18.2 % | 4.4 % | 13.5 % |
Economic value added (EVA) | - 473.46 | - 190.26 | 932.58 | -68.63 | -96.41 |
Solvency | |||||
Equity ratio | 62.4 % | 67.5 % | 91.1 % | 96.1 % | 95.6 % |
Gearing | 56.7 % | 43.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.8 | 11.3 | 25.8 | 22.6 |
Current ratio | 2.6 | 3.8 | 11.3 | 25.8 | 22.6 |
Cash and cash equivalents | 3 562.80 | 4 620.19 | 13 985.32 | 11 256.36 | 12 638.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | BBB | BBB | BBB |
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