OVE G. NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 33768567
Virkevej 1, 7755 Bedsted Thy

Company information

Official name
OVE G. NIELSEN ApS
Personnel
6 persons
Established
2011
Company form
Private limited company
Industry

About OVE G. NIELSEN ApS

OVE G. NIELSEN ApS (CVR number: 33768567) is a company from THISTED. The company recorded a gross profit of 3970.2 kDKK in 2021. The operating profit was 323.1 kDKK, while net earnings were 202.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -18.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. OVE G. NIELSEN ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit3 481.473 463.773 514.972 708.733 970.16
EBIT385.37231.9450.93- 598.32323.08
Net earnings213.04120.40-22.01- 506.92202.08
Shareholders equity total- 263.28- 142.87- 164.88- 671.80- 469.73
Balance sheet total (assets)2 231.951 883.662 441.452 179.682 049.72
Net debt1 182.631 002.46752.92503.43499.87
Profitability
EBIT-%
ROA15.2 %10.3 %2.2 %-21.9 %12.0 %
ROE9.9 %5.9 %-1.0 %-21.9 %9.6 %
ROI29.4 %21.2 %5.6 %-87.3 %58.0 %
Economic value added (EVA)322.64194.5447.56- 458.57282.49
Solvency
Equity ratio-10.6 %-7.1 %-6.4 %-23.8 %-18.9 %
Gearing-449.2 %-701.6 %-456.6 %-74.9 %-106.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.80.60.6
Current ratio0.90.90.90.70.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-18.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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