PROCTER & GAMBLE DANMARK ApS
Credit rating
Company information
About PROCTER & GAMBLE DANMARK ApS
PROCTER & GAMBLE DANMARK ApS (CVR number: 20960531) is a company from KØBENHAVN. The company reported a net sales of 81.7 mDKK in 2023, demonstrating a growth of 14.3 % compared to the previous year. The operating profit percentage was at 33.9 % (EBIT: 27.7 mDKK), while net earnings were 23.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 45.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PROCTER & GAMBLE DANMARK ApS's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 58.16 | 61.89 | 64.59 | 71.44 | 81.68 |
Gross profit | 34.92 | 44.95 | 47.55 | 55.27 | 58.16 |
EBIT | 14.47 | 16.52 | 20.72 | 24.27 | 27.66 |
Net earnings | 10.91 | 12.72 | 15.97 | 19.42 | 23.15 |
Shareholders equity total | 41.75 | 54.47 | 37.44 | 56.86 | 44.01 |
Balance sheet total (assets) | 103.67 | 115.53 | 127.14 | 176.47 | 201.07 |
Net debt | 16.12 | -4.00 | 27.69 | 63.70 | 71.77 |
Profitability | |||||
EBIT-% | 24.9 % | 26.7 % | 32.1 % | 34.0 % | 33.9 % |
ROA | 16.2 % | 15.1 % | 17.1 % | 16.4 % | 15.8 % |
ROE | 30.1 % | 26.4 % | 34.8 % | 41.2 % | 45.9 % |
ROI | 28.9 % | 25.9 % | 29.0 % | 24.9 % | 25.2 % |
Economic value added (EVA) | 10.16 | 11.12 | 14.03 | 17.76 | 18.68 |
Solvency | |||||
Equity ratio | 40.3 % | 47.1 % | 29.4 % | 32.2 % | 21.9 % |
Gearing | 54.7 % | 15.9 % | 112.5 % | 112.1 % | 163.1 % |
Relative net indebtedness % | 94.9 % | 78.1 % | 116.5 % | 167.4 % | 192.3 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.9 | 1.4 | 1.5 | 1.3 |
Current ratio | 1.6 | 1.9 | 1.4 | 1.5 | 1.3 |
Cash and cash equivalents | 6.71 | 12.68 | 14.43 | 0.03 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 298.1 | 182.0 | 211.1 | 302.9 | 235.8 |
Net working capital % | 69.0 % | 85.5 % | 56.1 % | 78.3 % | 53.0 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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