NNE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NNE A/S
NNE A/S (CVR number: 13246009) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 2780.8 mDKK in 2023, demonstrating a growth of 46.5 % compared to the previous year. The operating profit percentage was at 12.1 % (EBIT: 337.6 mDKK), while net earnings were 291.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 35.9 %, which can be considered excellent and Return on Equity (ROE) was 67 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41 %, 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. NNE A/S's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 983.38 | 1 040.58 | 1 420.14 | 1 898.52 | 2 780.84 |
| Gross profit | 983.38 | 1 040.58 | 281.11 | 365.38 | 458.23 |
| EBIT | 67.42 | 104.74 | 196.80 | 273.29 | 337.61 |
| Net earnings | 192.18 | 224.30 | 291.41 | ||
| Shareholders equity total | 212.12 | 250.69 | 364.60 | 398.18 | 471.88 |
| Balance sheet total (assets) | 625.73 | 680.31 | 807.96 | 996.72 | 1 219.50 |
| Net debt | - 164.31 | - 208.09 | - 269.84 | - 229.23 | |
| Profitability | |||||
| EBIT-% | 6.9 % | 10.1 % | 13.9 % | 14.4 % | 12.1 % |
| ROA | 10.0 % | 16.0 % | 35.2 % | 35.2 % | 35.9 % |
| ROE | 62.5 % | 58.8 % | 67.0 % | ||
| ROI | 10.0 % | 16.0 % | 43.4 % | 62.2 % | 75.8 % |
| Economic value added (EVA) | 56.69 | 94.08 | 156.45 | 212.47 | 266.38 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 45.7 % | 40.5 % | 41.0 % |
| Gearing | 4.2 % | ||||
| Relative net indebtedness % | -15.8 % | 15.5 % | 17.3 % | 18.6 % | |
| Liquidity | |||||
| Quick ratio | 2.0 | 1.7 | 1.7 | ||
| Current ratio | 1.9 | 1.7 | 1.5 | ||
| Cash and cash equivalents | 164.31 | 223.56 | 269.84 | 229.23 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 17.1 | 7.3 | 3.9 | ||
| Net working capital % | 15.8 % | 18.1 % | 13.1 % | 10.1 % | |
| Credit risk | |||||
| Credit rating | BBB | BBB | AA | AA | A |
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