PPG ApS — Credit Rating and Financial Key Figures

CVR number: 25447468
Vangsbovej 2, Brøns 6780 Skærbæk

Company information

Official name
PPG ApS
Established
2000
Domicile
Brøns
Company form
Private limited company
Industry

About PPG ApS

PPG ApS (CVR number: 25447468) is a company from TØNDER. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was at 97.1 % (EBIT: 0.6 mDKK), while net earnings were 678.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PPG ApS's liquidity measured by quick ratio was 17.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales798.00793.00760.00621.00631.02
Gross profit786.00777.00744.00605.00612.75
EBIT786.00777.00744.00605.00612.75
Net earnings777.00801.00696.00637.00678.38
Shareholders equity total3 288.003 978.004 561.005 084.005 643.94
Balance sheet total (assets)3 471.004 158.004 708.005 223.005 778.00
Net debt- 320.00- 515.00-1 073.00-1 368.00-1 924.84
Profitability
EBIT-%98.5 %98.0 %97.9 %97.4 %97.1 %
ROA25.3 %21.1 %17.1 %12.9 %12.6 %
ROE26.3 %22.0 %16.3 %13.2 %12.6 %
ROI26.7 %22.2 %17.8 %13.3 %12.9 %
Economic value added (EVA)765.79684.91759.93595.67581.91
Solvency
Equity ratio94.7 %95.7 %96.9 %97.3 %97.7 %
Gearing
Relative net indebtedness %-17.2 %-42.2 %-121.8 %-197.9 %-283.8 %
Liquidity
Quick ratio12.44.38.913.417.4
Current ratio12.44.38.913.417.4
Cash and cash equivalents320.00515.001 073.001 368.001 924.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %226.7 %35.6 %82.1 %169.4 %232.7 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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