PARTNER & CO. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PARTNER & CO. A/S
PARTNER & CO. A/S (CVR number: 12891687) is a company from HVIDOVRE. The company recorded a gross profit of 3532.9 kDKK in 2023. The operating profit was -942.9 kDKK, while net earnings were -781.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.8 %, which can be considered poor and Return on Equity (ROE) was -33.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PARTNER & CO. A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 539.16 | 5 142.25 | 5 581.35 | 5 466.10 | 3 532.94 |
EBIT | - 169.89 | 886.13 | 1 725.21 | 1 170.15 | - 942.90 |
Net earnings | - 177.13 | 667.92 | 1 294.55 | 854.41 | - 781.57 |
Shareholders equity total | 2 692.82 | 1 167.92 | 1 795.47 | 1 314.88 | - 280.69 |
Balance sheet total (assets) | 4 741.79 | 5 822.42 | 5 456.56 | 4 574.97 | 3 298.04 |
Net debt | -2 099.14 | 493.28 | - 775.63 | - 143.48 | 1 825.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.4 % | 16.8 % | 30.8 % | 23.3 % | -22.8 % |
ROE | -6.4 % | 34.6 % | 87.4 % | 54.9 % | -33.9 % |
ROI | -4.5 % | 25.9 % | 46.3 % | 33.1 % | -32.4 % |
Economic value added (EVA) | - 195.30 | 692.74 | 1 375.94 | 967.25 | - 713.93 |
Solvency | |||||
Equity ratio | 56.8 % | 20.1 % | 32.9 % | 28.7 % | -7.8 % |
Gearing | 24.5 % | 199.1 % | 123.0 % | 133.7 % | -953.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.0 | 1.2 | 1.1 | 0.7 |
Current ratio | 2.0 | 1.1 | 1.2 | 1.1 | 0.7 |
Cash and cash equivalents | 2 759.19 | 1 832.20 | 2 984.49 | 1 901.57 | 852.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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