M.Nissens IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M.Nissens IVS
M.Nissens IVS (CVR number: 38994301) is a company from RANDERS. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a growth of 27.7 % compared to the previous year. The operating profit percentage was at 12.8 % (EBIT: 0 mDKK), while net earnings were 5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.6 %, which can be considered excellent and Return on Equity (ROE) was 119.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -47.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. M.Nissens IVS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | |
---|---|---|---|
Volume | |||
Net sales | 74.66 | 44.26 | 56.51 |
Gross profit | 57.31 | 5.85 | 37.84 |
EBIT | 39.50 | -37.25 | 7.22 |
Net earnings | 30.29 | -40.51 | 4.99 |
Shareholders equity total | 31.68 | -8.84 | -3.85 |
Balance sheet total (assets) | 41.74 | 4.10 | 4.26 |
Net debt | -41.74 | -0.33 | -4.22 |
Profitability | |||
EBIT-% | 52.9 % | -84.2 % | 12.8 % |
ROA | 94.6 % | -136.3 % | 68.6 % |
ROE | 95.6 % | -226.5 % | 119.3 % |
ROI | 98.2 % | -185.3 % | |
Economic value added (EVA) | 30.81 | -36.68 | 5.72 |
Solvency | |||
Equity ratio | 75.9 % | -68.3 % | -47.4 % |
Gearing | |||
Relative net indebtedness % | -53.9 % | 28.5 % | 6.9 % |
Liquidity | |||
Quick ratio | 27.4 | 0.9 | 0.5 |
Current ratio | 27.4 | 0.9 | 0.5 |
Cash and cash equivalents | 41.74 | 0.33 | 4.22 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 53.9 % | -1.0 % | -6.8 % |
Credit risk | |||
Credit rating | B | B | B |
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