GERT NIELSEN A/S — Credit Rating and Financial Key Figures

CVR number: 13892237
Stamholmen 140 B, 2650 Hvidovre
tel: 33318181

Credit rating

Company information

Official name
GERT NIELSEN A/S
Personnel
33 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About GERT NIELSEN A/S

GERT NIELSEN A/S (CVR number: 13892237) is a company from HVIDOVRE. The company recorded a gross profit of 18.2 mDKK in 2023. The operating profit was 3623.7 kDKK, while net earnings were 2731.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40 %, 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. GERT NIELSEN A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 864.2213 488.7716 091.0116 981.2818 205.03
EBIT157.50- 160.632 955.973 918.753 623.70
Net earnings-19.26-31.982 365.193 035.202 731.12
Shareholders equity total6 700.226 668.249 033.439 703.639 399.75
Balance sheet total (assets)19 718.6419 239.5420 239.7222 878.8123 519.81
Net debt1 799.302 336.57-90.13899.55-2 867.25
Profitability
EBIT-%
ROA1.3 %0.1 %15.7 %18.5 %16.0 %
ROE-0.3 %-0.5 %30.1 %32.4 %28.6 %
ROI2.6 %0.2 %30.8 %32.5 %28.7 %
Economic value added (EVA)- 202.93- 530.171 926.522 608.022 383.92
Solvency
Equity ratio34.0 %34.7 %44.6 %42.4 %40.0 %
Gearing27.8 %35.4 %12.9 %29.1 %24.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.41.41.3
Current ratio1.51.52.01.91.7
Cash and cash equivalents61.5427.031 259.251 928.125 138.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.0%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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