Plast1 Holding ApS — Credit Rating and Financial Key Figures

Plast1 Holding ApS (CVR number: 42728136) is a company from HØRSHOLM. The company reported a net sales of 1.9 mDKK in 2023, demonstrating a growth of 33.2 % compared to the previous year. The operating profit percentage was poor at -13.2 % (EBIT: -0.3 mDKK), while net earnings were 47.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.8 %, which can be considered excellent and Return on Equity (ROE) was 85.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Plast1 Holding ApS's liquidity measured by quick ratio was 0.1 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.