Nine United Classic A/S — Credit Rating and Financial Key Figures

CVR number: 39574330
Havnen 1, 8700 Horsens

Company information

Official name
Nine United Classic A/S
Established
2018
Company form
Limited company
Industry

About Nine United Classic A/S

Nine United Classic A/S (CVR number: 39574330) is a company from HORSENS. The company recorded a gross profit of 1065.7 kDKK in 2024. The operating profit was 233 kDKK, while net earnings were -115.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nine United Classic A/S's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-46.92-16.08-11.91-13.331 065.72
EBIT-46.92-16.08-11.91-13.33232.96
Net earnings-37.48-34.09-16.909.95- 115.26
Shareholders equity total1 898.411 864.321 847.421 857.3745 392.10
Balance sheet total (assets)1 906.411 875.321 858.421 871.1659 766.62
Net debt-1 881.05-1 869.77-1 853.49-1 871.1612 600.00
Profitability
EBIT-%
ROA-2.5 %-0.9 %-0.6 %0.7 %0.8 %
ROE-2.0 %-1.8 %-0.9 %0.5 %-0.5 %
ROI-2.5 %-0.9 %-0.6 %0.7 %0.8 %
Economic value added (EVA)-36.61-22.89-9.03-10.10182.42
Solvency
Equity ratio99.6 %99.4 %99.4 %99.3 %75.9 %
Gearing27.8 %
Relative net indebtedness %
Liquidity
Quick ratio238.3170.5168.9135.70.0
Current ratio238.3170.5168.9135.70.0
Cash and cash equivalents1 881.051 869.771 853.491 871.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:0.76%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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