Nitor Energy A/S — Credit Rating and Financial Key Figures

CVR number: 38680781
Europaplads 8 B, 8000 Aarhus C
tel: 88638794
www.nitorenergy.com

Credit rating

Company information

Official name
Nitor Energy A/S
Personnel
73 persons
Established
2017
Company form
Limited company
Industry

About Nitor Energy A/S

Nitor Energy A/S (CVR number: 38680781) is a company from AARHUS. The company reported a net sales of 26509.2 mEUR in 2022, demonstrating a growth of 535.5 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 392.7 mEUR), while net earnings were 301.8 mEUR. The profitability of the company measured by Return on Assets (ROA) was 170.4 %, which can be considered excellent and Return on Equity (ROE) was 229.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Nitor Energy A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2018
2019
2020
2021
2022
Volume
Net sales4 171 715.0026 509 231.00
Gross profit13 482.264 171 715.00441 891.00
EBIT13 482.261 838.0091.0011 757.00392 728.00
Net earnings10 512.561 351.006.009 089.00301 761.00
Shareholders equity total10 998.271 417.003 794.0012 883.00249 671.00
Balance sheet total (assets)16 508.261 456.004 323.0018 431.00445 763.00
Net debt-3 308.74- 214 633.00- 370 139.00
Profitability
EBIT-%0.3 %1.5 %
ROA148.1 %20.5 %3.1 %103.3 %170.4 %
ROE177.5 %21.8 %0.2 %109.0 %229.9 %
ROI219.2 %29.5 %3.1 %103.3 %295.0 %
Economic value added (EVA)10 450.641 285.3419.8011 566.35304 786.82
Solvency
Equity ratio66.6 %100.0 %100.0 %100.0 %56.0 %
Gearing
Relative net indebtedness %-5.1 %-0.7 %
Liquidity
Quick ratio2.92.2
Current ratio2.92.3
Cash and cash equivalents3 308.74214 633.00370 139.00
Capital use efficiency
Trade debtors turnover (days)0.3
Net working capital %5.1 %0.4 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:170.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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