NIELS NIELSEN & SØN. KRAGHAVE ApS

CVR number: 10066034
Herningvej 24, 4800 Nykøbing F

Credit rating

Company information

Official name
NIELS NIELSEN & SØN. KRAGHAVE ApS
Established
1985
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About NIELS NIELSEN & SØN. KRAGHAVE ApS

NIELS NIELSEN & SØN. KRAGHAVE ApS (CVR number: 10066034) is a company from GULDBORGSUND. The company recorded a gross profit of 122.6 kDKK in 2023. The operating profit was 100.1 kDKK, while net earnings were -45.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NIELS NIELSEN & SØN. KRAGHAVE ApS's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales
Gross profit90.0781.261 951.80758.63122.62
EBIT67.5658.75-24.64-1.89100.11
Net earnings-54.40-69.10- 151.21- 109.14-45.12
Shareholders equity total-77.21- 146.31- 297.51- 406.65- 451.77
Balance sheet total (assets)3 518.033 508.843 987.603 220.583 178.83
Net debt3 182.863 216.47999.45882.05806.23
Profitability
EBIT-%
ROA1.8 %1.6 %-0.6 %-0.0 %2.9 %
ROE-1.5 %-2.0 %-4.0 %-3.0 %-1.4 %
ROI1.9 %1.6 %-1.0 %-0.1 %10.5 %
Economic value added (EVA)33.5919.56-54.25-31.6881.24
Solvency
Equity ratio-2.1 %-4.0 %-6.9 %-11.2 %-12.4 %
Gearing-4622.9 %-2472.8 %-382.8 %-255.2 %-208.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.10.10.1
Current ratio0.20.20.30.10.1
Cash and cash equivalents386.56401.48139.56155.69134.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.85%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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