PAGH HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAGH HOLDING A/S
PAGH HOLDING A/S (CVR number: 26686180) is a company from SILKEBORG. The company recorded a gross profit of -151.6 kDKK in 2024. The operating profit was -507.8 kDKK, while net earnings were -844.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PAGH HOLDING A/S's liquidity measured by quick ratio was 51.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 253.37 | - 160.14 | 19.74 | - 119.97 | - 151.63 |
| EBIT | -1 205.64 | - 447.42 | - 141.26 | - 367.23 | - 507.84 |
| Net earnings | - 823.56 | 1 407.74 | 834.04 | 1 610.90 | - 844.23 |
| Shareholders equity total | 12 643.24 | 13 940.37 | 13 506.69 | 15 058.69 | 14 153.46 |
| Balance sheet total (assets) | 12 897.98 | 14 163.91 | 13 691.71 | 15 595.84 | 14 361.45 |
| Net debt | -8 520.56 | -10 277.62 | -9 880.05 | -11 854.13 | -10 647.45 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -6.5 % | 13.1 % | 9.9 % | 16.8 % | 4.5 % |
| ROE | -6.3 % | 10.6 % | 6.1 % | 11.3 % | -5.8 % |
| ROI | -6.6 % | 13.3 % | 10.0 % | 17.1 % | 4.6 % |
| Economic value added (EVA) | -1 830.81 | - 992.65 | - 811.36 | - 968.39 | -1 268.84 |
| Solvency | |||||
| Equity ratio | 98.0 % | 98.4 % | 98.7 % | 96.6 % | 98.6 % |
| Gearing | 0.1 % | 0.1 % | 0.5 % | 0.6 % | 0.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 35.1 | 222.2 | 58.6 | 50.6 | 51.6 |
| Current ratio | 35.1 | 222.2 | 54.6 | 47.9 | 51.6 |
| Cash and cash equivalents | 8 535.95 | 10 285.19 | 9 948.08 | 11 937.83 | 10 698.97 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | BBB |
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