NETS Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 20016175
Klausdalsbrovej 601, 2750 Ballerup
nets@nets.eu
tel: 44860930

Company information

Official name
NETS Denmark A/S
Personnel
942 persons
Established
1997
Company form
Limited company
Industry

About NETS Denmark A/S

NETS Denmark A/S (CVR number: 20016175K) is a company from BALLERUP. The company reported a net sales of 1415.7 mDKK in 2024, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 28 mDKK), while net earnings were 26.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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. NETS Denmark A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales1 322 800.001 415 700.00
Gross profit1 054 800.001 173 800.00
EBIT-45 000.0028 000.00
Net earnings13 300.0026 900.00
Shareholders equity total1 563 600.001 588 300.001 595 700.00
Balance sheet total (assets)438 700.004 532 400.003 998 000.00
Net debt377 600.00166 500.00
Profitability
EBIT-%-3.4 %2.0 %
ROA1.2 %2.3 %
ROE0.8 %1.7 %
ROI1.3 %4.0 %
Economic value added (EVA)- 121 375.78- 107 264.92
Solvency
Equity ratio35.0 %39.9 %
Gearing53.9 %50.9 %
Relative net indebtedness %186.4 %124.1 %
Liquidity
Quick ratio0.91.0
Current ratio0.91.0
Cash and cash equivalents438 700.00478 400.00646 000.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-10.9 %-1.4 %
Credit risk
Credit ratingAAA

Variable visualization

ROA:2.34%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.9%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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