PACK PLAST A/S — Credit Rating and Financial Key Figures

CVR number: 15134607
Haraldsvej 17, 8960 Randers SØ
tel: 86420035

Credit rating

Company information

Official name
PACK PLAST A/S
Personnel
16 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About PACK PLAST A/S

PACK PLAST A/S (CVR number: 15134607) is a company from RANDERS. The company recorded a gross profit of 22.2 mDKK in 2023. The operating profit was 10.2 mDKK, while net earnings were 7756.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.4 %, which can be considered excellent and Return on Equity (ROE) was 39.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PACK PLAST A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22 541.2117 990.0217 681.6018 087.7022 161.74
EBIT9 521.497 950.507 425.197 022.7310 235.93
Net earnings7 365.376 139.035 875.035 217.267 756.80
Shareholders equity total20 407.5519 181.5818 917.6118 259.8720 799.67
Balance sheet total (assets)35 321.6430 569.3632 113.1130 060.2429 558.08
Net debt-8 151.33-5 988.754 758.43- 494.99-1 929.25
Profitability
EBIT-%
ROA27.3 %24.1 %23.7 %22.7 %34.4 %
ROE36.4 %31.0 %30.8 %28.1 %39.7 %
ROI38.2 %33.4 %30.9 %28.7 %43.3 %
Economic value added (EVA)6 593.075 628.385 356.354 530.667 290.90
Solvency
Equity ratio57.8 %62.7 %58.9 %60.7 %70.4 %
Gearing21.6 %18.8 %32.9 %22.0 %6.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.11.01.31.5
Current ratio2.42.81.81.92.5
Cash and cash equivalents12 561.039 589.941 468.874 510.233 311.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:34.4%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member

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