Pace & Co. Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pace & Co. Holding ApS
Pace & Co. Holding ApS (CVR number: 38883232) is a company from AARHUS. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1 mDKK), while net earnings were 1038 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.4 %, which can be considered excellent and Return on Equity (ROE) was 73.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Pace & Co. Holding ApS's liquidity measured by quick ratio was 261.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 182.67 | 442.33 | 1 000.00 | 1 000.00 | |
Gross profit | 182.67 | 442.33 | 988.59 | 993.19 | |
EBIT | -1.88 | 167.29 | 439.05 | 988.59 | 993.19 |
Net earnings | -14.35 | 156.20 | 436.30 | 996.08 | 1 037.97 |
Shareholders equity total | 172.17 | 328.36 | 651.66 | 1 015.54 | 1 803.51 |
Balance sheet total (assets) | 519.63 | 561.73 | 654.16 | 1 018.04 | 1 808.51 |
Net debt | 325.96 | 169.76 | - 154.16 | - 510.28 | - 755.96 |
Profitability | |||||
EBIT-% | 91.6 % | 99.3 % | 98.9 % | 99.3 % | |
ROA | -0.2 % | 30.9 % | 72.2 % | 119.2 % | 73.4 % |
ROE | -8.0 % | 62.4 % | 89.0 % | 119.5 % | 73.6 % |
ROI | -0.2 % | 31.0 % | 72.5 % | 119.5 % | 73.6 % |
Economic value added (EVA) | 14.04 | 184.75 | 450.78 | 983.03 | 992.92 |
Solvency | |||||
Equity ratio | 33.1 % | 58.5 % | 99.6 % | 99.8 % | 99.7 % |
Gearing | 200.7 % | 70.5 % | |||
Relative net indebtedness % | 94.0 % | -34.3 % | -50.8 % | -75.1 % | |
Liquidity | |||||
Quick ratio | 10.5 | 32.9 | 61.7 | 207.2 | 261.7 |
Current ratio | 10.5 | 32.9 | 61.7 | 207.2 | 261.7 |
Cash and cash equivalents | 19.63 | 61.73 | 154.16 | 510.28 | 755.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 32.8 % | 34.3 % | 51.6 % | 130.4 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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