PAN-FORM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAN-FORM ApS
PAN-FORM ApS (CVR number: 77572317) is a company from BALLERUP. The company reported a net sales of 2.9 mDKK in 2024, demonstrating a growth of 0.8 % compared to the previous year. The operating profit percentage was poor at -17.6 % (EBIT: -0.5 mDKK), while net earnings were -506 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.9 %, which can be considered poor and Return on Equity (ROE) was -163.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PAN-FORM ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 628.39 | 4 037.76 | 3 383.47 | 2 858.93 | 2 881.44 |
| Gross profit | 2 022.77 | 2 150.56 | 1 427.27 | 1 199.18 | 1 018.45 |
| EBIT | 243.02 | 274.36 | - 520.53 | - 297.60 | - 505.71 |
| Net earnings | 232.72 | 244.10 | - 535.04 | - 303.29 | - 506.04 |
| Shareholders equity total | 1 155.93 | 1 400.03 | 864.98 | 561.69 | 55.65 |
| Balance sheet total (assets) | 3 985.08 | 3 730.86 | 3 103.80 | 2 559.07 | 2 059.29 |
| Net debt | 324.81 | 686.00 | 908.75 | 1 007.89 | 949.21 |
| Profitability | |||||
| EBIT-% | 6.7 % | 6.8 % | -15.4 % | -10.4 % | -17.6 % |
| ROA | 6.1 % | 7.1 % | -15.2 % | -10.5 % | -21.9 % |
| ROE | 22.4 % | 19.1 % | -47.2 % | -42.5 % | -163.9 % |
| ROI | 7.3 % | 8.4 % | -17.4 % | -11.1 % | -23.8 % |
| Economic value added (EVA) | 134.15 | 130.54 | - 676.36 | - 441.71 | - 631.83 |
| Solvency | |||||
| Equity ratio | 54.1 % | 64.3 % | 60.1 % | 61.0 % | 51.3 % |
| Gearing | 147.6 % | 121.5 % | 231.6 % | 346.8 % | 3029.6 % |
| Relative net indebtedness % | 39.9 % | 26.7 % | 27.3 % | 35.3 % | 44.0 % |
| Liquidity | |||||
| Quick ratio | 1.5 | 1.5 | 1.4 | 1.3 | 1.1 |
| Current ratio | 1.5 | 1.5 | 1.4 | 1.4 | 1.2 |
| Cash and cash equivalents | 1 381.21 | 1 015.03 | 1 094.20 | 940.27 | 736.81 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 28.9 | 40.9 | 31.9 | 40.8 | 50.9 |
| Net working capital % | 15.9 % | 14.3 % | 13.2 % | 12.1 % | 5.6 % |
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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