PANZERGLASS A/S
Credit rating
Company information
About PANZERGLASS A/S
PANZERGLASS A/S (CVR number: 34902380) is a company from FAVRSKOV. The company recorded a gross profit of 109.8 mDKK in 2023. The operating profit was 38.9 mDKK, while net earnings were 38.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent and Return on Equity (ROE) was 71.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PANZERGLASS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 51 843.00 | 60 029.00 | 59 946.00 | 63 630.00 | 109 780.00 |
EBIT | 22 158.00 | 24 086.00 | -9 786.00 | 2 992.00 | 38 850.00 |
Net earnings | 16 941.00 | 29 401.00 | 12 899.00 | 9 788.00 | 38 746.00 |
Shareholders equity total | 32 376.00 | 52 637.00 | 38 581.00 | 39 961.00 | 68 161.00 |
Balance sheet total (assets) | 98 828.00 | 107 409.00 | 155 312.00 | 144 965.00 | 156 607.00 |
Net debt | 82 794.00 | 42 459.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 24.4 % | 23.4 % | -7.4 % | 8.5 % | 33.4 % |
ROE | 54.7 % | 69.2 % | 28.3 % | 24.9 % | 71.7 % |
ROI | 29.4 % | 23.4 % | -7.4 % | 9.1 % | 41.5 % |
Economic value added (EVA) | 20 800.75 | 22 459.11 | -12 431.01 | 185.62 | 32 290.44 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 27.6 % | 43.5 % |
Gearing | 210.2 % | 73.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | |||
Current ratio | 1.0 | 1.2 | |||
Cash and cash equivalents | 1 221.00 | 7 747.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | A | A |
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