PLASTPACK NORDIC ApS

CVR number: 26941385
Petersmindevej 3, 4250 Fuglebjerg
j.engmann@plastpack-nordic.com
tel: 51372762
www.plastpack-nordic.com

Credit rating

Company information

Official name
PLASTPACK NORDIC ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About PLASTPACK NORDIC ApS

PLASTPACK NORDIC ApS (CVR number: 26941385) is a company from NÆSTVED. The company recorded a gross profit of -897.2 kDKK in 2021. The operating profit was -1524.3 kDKK, while net earnings were -1108.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -182.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PLASTPACK NORDIC ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018201920202021
Volume
Net sales
Gross profit552.13595.901 104.50942.04- 897.15
EBIT-31.35-46.16-70.80- 120.23-1 524.27
Net earnings30.0977.9526.0250.42-1 108.61
Shareholders equity total1 007.061 085.011 111.041 161.4652.84
Balance sheet total (assets)5 417.096 966.807 734.339 509.748 490.71
Net debt1 826.821 640.681 891.051 685.861 345.94
Profitability
EBIT-%
ROA2.9 %4.9 %3.2 %4.5 %-12.7 %
ROE3.0 %7.5 %2.4 %4.4 %-182.6 %
ROI5.5 %10.8 %7.5 %11.6 %-48.1 %
Economic value added (EVA)-86.72-95.26- 107.86- 115.68-1 240.78
Solvency
Equity ratio18.6 %15.6 %14.4 %12.2 %0.6 %
Gearing181.4 %155.0 %212.5 %171.3 %2897.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.00.40.3
Current ratio1.21.11.10.50.3
Cash and cash equivalents41.39470.37303.80185.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-12.7%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.62%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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