Credit rating
Company information
About Phoenix II A/S
Phoenix II A/S (CVR number: 38281364) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 27 mUSD in 2023, demonstrating a growth of 5895.6 % compared to the previous year. The operating profit percentage was at 84.3 % (EBIT: 22.7 mUSD), while net earnings were 18.1 mUSD. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Phoenix II A/S's liquidity measured by quick ratio was 4.2 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 450.00 | 26 980.00 | |||
Gross profit | -60.00 | - 538.00 | -1 271.00 | 22 741.00 | |
EBIT | -3.00 | -60.00 | - 538.00 | -1 271.00 | 22 741.00 |
Net earnings | -3.00 | -60.00 | - 521.00 | 3 169.00 | 18 137.00 |
Shareholders equity total | 495.00 | 21 522.00 | 24 001.00 | 115 182.00 | 166 419.00 |
Balance sheet total (assets) | 495.00 | 21 749.00 | 24 763.00 | 117 310.00 | 178 207.00 |
Net debt | 227.00 | 430.00 | 1 077.00 | -77.00 | |
Profitability | |||||
EBIT-% | -282.4 % | 84.3 % | |||
ROA | -0.6 % | -0.5 % | -2.3 % | 0.9 % | 15.5 % |
ROE | -0.6 % | -0.5 % | -2.3 % | 4.6 % | 12.9 % |
ROI | -0.6 % | -0.5 % | -2.3 % | 0.9 % | 16.1 % |
Economic value added (EVA) | -28.02 | -84.87 | -1 505.53 | -2 108.46 | 13 143.60 |
Solvency | |||||
Equity ratio | 100.0 % | 99.0 % | 96.9 % | 98.2 % | 93.4 % |
Gearing | 1.1 % | 1.8 % | 0.9 % | 0.8 % | |
Relative net indebtedness % | 472.9 % | 38.7 % | |||
Liquidity | |||||
Quick ratio | 36.4 | 2.3 | 2.3 | 4.2 | |
Current ratio | 36.4 | 2.3 | 2.3 | 4.2 | |
Cash and cash equivalents | 1 360.00 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 363.3 | ||||
Net working capital % | 600.9 % | 81.0 % | |||
Credit risk | |||||
Credit rating | B | BBB | BBB | A | AA |
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