PATINA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PATINA ApS
PATINA ApS (CVR number: 16509477) is a company from AALBORG. The company recorded a gross profit of -33.7 kDKK in 2023. The operating profit was -36.5 kDKK, while net earnings were 6.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PATINA ApS's liquidity measured by quick ratio was 5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 364.64 | 884.02 | 642.99 | 295.83 | -33.65 |
EBIT | 362.39 | 874.11 | 601.38 | 293.01 | -36.47 |
Net earnings | 547.73 | 678.04 | 459.15 | 230.16 | 6.18 |
Shareholders equity total | 736.34 | 1 214.38 | 1 260.53 | 1 190.69 | 1 079.07 |
Balance sheet total (assets) | 881.95 | 1 517.84 | 1 642.74 | 1 425.65 | 1 268.63 |
Net debt | - 614.08 | -1 452.86 | -1 418.37 | -1 103.29 | - 890.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 47.0 % | 72.8 % | 38.1 % | 20.0 % | 1.3 % |
ROE | 81.1 % | 69.5 % | 37.1 % | 18.8 % | 0.5 % |
ROI | 53.0 % | 88.8 % | 46.6 % | 24.0 % | 1.5 % |
Economic value added (EVA) | 258.79 | 677.97 | 483.51 | 246.44 | -33.31 |
Solvency | |||||
Equity ratio | 83.5 % | 80.0 % | 76.7 % | 83.5 % | 85.1 % |
Gearing | 1.8 % | 0.3 % | 8.0 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.6 | 4.8 | 4.0 | 4.9 | 5.0 |
Current ratio | 5.6 | 4.8 | 4.0 | 4.9 | 5.0 |
Cash and cash equivalents | 627.36 | 1 456.01 | 1 518.94 | 1 105.17 | 890.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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