pp power ApS
Credit rating
Company information
About pp power ApS
pp power ApS (CVR number: 38179047) is a company from MIDDELFART. The company recorded a gross profit of -2.4 kDKK in 2022. The operating profit was -1121.1 kDKK, while net earnings were -861.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -71.1 %, which can be considered poor and Return on Equity (ROE) was -120.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -57.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. pp power ApS's liquidity measured by quick ratio was 3.4 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3.93 | -41.95 | 185.77 | -15.67 | -2.45 |
EBIT | - 267.74 | - 524.62 | - 708.99 | - 147.44 | -1 121.12 |
Net earnings | - 219.75 | - 440.80 | - 585.79 | - 435.56 | - 861.76 |
Shareholders equity total | 341.64 | -99.16 | - 174.95 | - 610.51 | - 779.86 |
Balance sheet total (assets) | 562.34 | 1 649.64 | 1 140.17 | 860.52 | 568.09 |
Net debt | 142.29 | 1 092.35 | 831.29 | 1 034.29 | 1 182.15 |
Profitability | |||||
EBIT-% | |||||
ROA | -65.2 % | -45.4 % | -44.5 % | -8.9 % | -71.1 % |
ROE | -106.8 % | -44.3 % | -42.0 % | -43.5 % | -120.6 % |
ROI | -73.2 % | -66.6 % | -64.1 % | -11.3 % | -85.7 % |
Economic value added (EVA) | - 199.49 | - 393.69 | - 576.93 | - 137.56 | - 895.76 |
Solvency | |||||
Equity ratio | 60.8 % | -5.7 % | -13.3 % | -41.5 % | -57.9 % |
Gearing | 41.7 % | -1101.6 % | -562.9 % | -176.6 % | -151.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 0.6 | 2.3 | 1.5 | 3.4 |
Current ratio | 2.5 | 2.0 | 4.0 | 2.7 | 3.4 |
Cash and cash equivalents | 153.44 | 43.58 | 0.24 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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