P & G DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About P & G DEVELOPMENT ApS
P & G DEVELOPMENT ApS (CVR number: 29638160) is a company from VEJLE. The company recorded a gross profit of 10.4 kDKK in 2024. The operating profit was -28.7 kDKK, while net earnings were -94.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. P & G DEVELOPMENT ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 46.16 | 28.58 | 57.69 | 97.48 | 10.38 |
EBIT | 8.04 | -41.92 | -13.01 | 23.60 | -28.68 |
Net earnings | 68.54 | -84.04 | -20.06 | -24.14 | -94.17 |
Shareholders equity total | - 323.57 | - 407.61 | - 427.67 | - 451.81 | - 545.98 |
Balance sheet total (assets) | 1 303.07 | 1 903.88 | 2 237.63 | 2 153.72 | 2 181.65 |
Net debt | 455.02 | - 181.06 | - 506.95 | - 417.76 | - 415.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | -1.9 % | 1.6 % | 1.8 % | -0.3 % |
ROE | 5.5 % | -5.2 % | -1.0 % | -1.1 % | -4.3 % |
ROI | 1.7 % | -7.7 % | 8.4 % | 10.0 % | -1.6 % |
Economic value added (EVA) | 1.63 | -40.33 | -14.09 | 17.17 | -24.46 |
Solvency | |||||
Equity ratio | -19.9 % | -17.6 % | -16.2 % | -17.5 % | -20.1 % |
Gearing | -147.0 % | -117.1 % | -112.5 % | -106.6 % | -88.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.5 | 0.6 | 0.5 | 0.5 |
Current ratio | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 |
Cash and cash equivalents | 20.49 | 658.36 | 987.97 | 899.43 | 899.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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