P&C ASSETS A/S — Credit Rating and Financial Key Figures

CVR number: 29194653
Skibbrogade 3, 9000 Aalborg

Credit rating

Company information

Official name
P&C ASSETS A/S
Established
2005
Company form
Limited company
Industry

About P&C ASSETS A/S

P&C ASSETS A/S (CVR number: 29194653) is a company from AALBORG. The company reported a net sales of -8.2 mDKK in 2024, demonstrating a growth of -7.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -9.1 mDKK), while net earnings were -10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -21.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. P&C ASSETS A/S's liquidity measured by quick ratio was 0.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales-2 357.0212 036.353 364.14-8 937.81-8 243.89
Gross profit-2 616.9011 863.983 244.74-9 367.50-8 524.73
EBIT-2 616.9011 863.983 244.74-9 367.50-9 147.35
Net earnings-3 168.5811 166.472 177.15-10 503.63-10 440.82
Shareholders equity total55 324.6265 779.9866 757.1354 253.5043 812.67
Balance sheet total (assets)61 644.92112 249.37121 145.44145 081.31137 267.49
Net debt5 960.118 688.4616 895.4820 247.8427 529.12
Profitability
EBIT-%98.6 %96.5 %
ROA-4.7 %13.6 %2.8 %-6.8 %-5.8 %
ROE-5.4 %18.4 %3.3 %-17.4 %-21.3 %
ROI-4.7 %17.4 %4.2 %-11.5 %-11.1 %
Economic value added (EVA)-5 973.849 028.0382.34-13 206.30-12 427.92
Solvency
Equity ratio89.7 %58.6 %55.1 %37.4 %31.9 %
Gearing10.8 %13.3 %25.3 %37.3 %64.0 %
Relative net indebtedness %-268.1 %385.4 %1616.7 %-1016.2 %-1127.5 %
Liquidity
Quick ratio0.00.00.10.40.4
Current ratio0.00.00.10.40.4
Cash and cash equivalents0.1981.050.151.40506.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %263.8 %-375.7 %-1394.0 %623.6 %697.2 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-5.76%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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