PowerRecycled A/S — Credit Rating and Financial Key Figures

CVR number: 35852840
Bjørnevej 30, 7800 Skive

Company information

Official name
PowerRecycled A/S
Established
2014
Company form
Limited company
Industry

About PowerRecycled A/S

PowerRecycled A/S (CVR number: 35852840) is a company from SKIVE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PowerRecycled A/S's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit36.0657.58
EBIT36.0657.58
Net earnings51.7390.7422.5935.53
Shareholders equity total903.91994.651 017.241 052.771 052.77
Balance sheet total (assets)1 116.133 452.803 645.302 886.701 170.46
Net debt131.282 257.962 548.191 644.42-29.17
Profitability
EBIT-%
ROA6.7 %7.6 %0.8 %1.7 %
ROE9.8 %9.6 %2.2 %3.4 %
ROI7.4 %7.8 %0.8 %1.7 %
Economic value added (EVA)21.241.17-41.94-51.04-47.82
Solvency
Equity ratio81.0 %28.8 %27.9 %36.5 %89.9 %
Gearing18.2 %243.1 %250.6 %165.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.00.10.2
Current ratio0.40.10.00.10.2
Cash and cash equivalents33.30160.001.51101.1329.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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