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NNE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NNE A/S
NNE A/S (CVR number: 13246009K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 1575 mDKK in 2017, demonstrating a decline of -34.3 % compared to the previous year. The operating profit percentage was at 6.7 % (EBIT: 105.9 mDKK), while net earnings were 68.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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. NNE A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 836.69 | 1 846.16 | 2 057.71 | 2 397.14 | 1 574.98 |
| Gross profit | 299.47 | 269.30 | 311.27 | 393.27 | 218.37 |
| EBIT | 91.47 | 55.12 | 109.49 | 202.54 | 105.93 |
| Net earnings | 57.44 | 9.08 | 62.54 | 170.77 | 68.66 |
| Shareholders equity total | 235.09 | 224.19 | 291.61 | 424.99 | 300.82 |
| Balance sheet total (assets) | 765.20 | 851.11 | 992.81 | 1 256.30 | 1 098.57 |
| Net debt | 10.93 | - 205.66 | -79.90 | ||
| Profitability | |||||
| EBIT-% | 5.3 % | 8.4 % | 6.7 % | ||
| ROA | 7.8 % | 14.4 % | 19.9 % | 9.5 % | |
| ROE | 4.0 % | 24.3 % | 47.7 % | 18.9 % | |
| ROI | 17.5 % | 30.4 % | 41.1 % | 21.0 % | |
| Economic value added (EVA) | 62.21 | 22.94 | 60.85 | 145.19 | 45.58 |
| Solvency | |||||
| Equity ratio | 28.3 % | 30.8 % | 38.2 % | 27.4 % | |
| Gearing | 64.6 % | 50.2 % | 38.7 % | 51.2 % | |
| Relative net indebtedness % | 30.0 % | 27.5 % | 19.2 % | 35.8 % | |
| Liquidity | |||||
| Quick ratio | 1.6 | 1.6 | 2.2 | 1.5 | |
| Current ratio | 1.4 | 1.5 | 1.7 | 1.5 | |
| Cash and cash equivalents | 132.27 | 72.62 | 135.40 | 370.33 | 233.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 31.1 | 36.8 | 39.6 | 56.1 | |
| Net working capital % | 10.3 % | 12.4 % | 18.5 % | 20.7 % | |
| Credit risk | |||||
| Credit rating | A | A | A |
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