Maclear Project Nusskönig
- Written by
- Just P2P
- •
- Updated July 24, 2025
Score B+
Nusskönig GmbH, founded in 2018, is a European premium nut supplier specializing in procurement, processing, and distribution across multiple markets. The Austrian-based company has established partnerships with key clients including Korona M EOOD, King Nuts & Raaphorst B.V., and Maejor Nuts covering Bulgaria, the Netherlands, Greece, and Germany.
The company seeks to establish an in-house nut roasting and processing facility, transitioning from raw nut distribution to value-added products. This shift aims to increase profit margins to 35-37% while strengthening their positioning in the European premium nut segment through guaranteed demand from existing clients.
Investment terms
Loan requested : 448,620€
Period : 14 months
Interest rate : 14.7%
Loan requested : Complete production equipment and renovation/compliance works
This investment aligns with the company’s development strategy to position itself in value-added production. The European nut processing market is expected to reach €30.5 billion by 2030. The company’s contribution includes complete production equipment and renovation/compliance works, demonstrating strong commitment to the project’s success.
Risk metrics
Debt/Equity Ratio : 1.5 (Medium risk)
LTV (Loan to Value) : 60% (Medium risk)
Credit History Score : 9/10 (Very good creditworthiness)
The risk profile presents a balanced investment opportunity with medium-risk leverage indicators. The 1.5 debt-to-equity ratio demonstrates controlled borrowing relative to company equity, while the 60% loan-to-value ratio provides adequate collateral coverage through production equipment and inventory assets.
The exceptional 9/10 credit history score significantly strengthens the overall assessment, indicating reliable payment behavior and financial discipline that helps mitigate the moderate leverage and collateral risks. Overall, these metrics present a manageable risk level for the sector.
Business profile
Geographic Location : Austria (EU member state)
Industry Sector : Food Processing
Collateral Type : Equipment/Company assets
The company is centrally located among its European client markets (Germany, Netherlands, Bulgaria and Greece), optimizing transport costs. This gives Nusskönig a competitive advantage in the nut processing sector, which is growing at a 5.8% CAGR. This growth is supported by increasing demand for healthy snacks and plant-based proteins, and expansion in food processing industries.
The collateral includes production equipment (roasting, cooling, grinding, packaging machines) and stocks of approximately 300,000 €. The company has overcome its initial difficulties with low margins by renegotiating its supplier contracts and diversifying its clientele across four European countries.
Strenghts / Weaknesses
Strenghts
- Excellent credit score → Financial reliability
- Strong revenue growth trajectory
- Guaranteed demand from four existing clients
- Growing sector at European level
- New production equipment as collateral
- Diversified clientele across several European countries
- Proven improvement in operational margins
Weaknesses
- Moderate debt/equity ratio (1.5)
- High procurement costs: Impact on margins
- Limited operating history in nut processing
- Exposure to raw material price fluctuations
- Depreciation risk of new production equipment
- Established competition in the European market
Opinion Nusskönig
The B+ rating is justified by the 9/10 credit history score and strong revenue growth trajectory, which help mitigate the moderate 1.5 debt-to-equity ratio. While profitability remains constrained by high procurement costs, the guaranteed demand from existing clients and the strategic shift toward higher-margin processed products provide confidence that this investment represents a solid medium-risk opportunity with potential for margin improvement in the expanding European nut processing market.
