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 2023, demonstrating a decline of -15.5 % compared to the previous year. The operating profit percentage was poor at -10.4 % (EBIT: -0.3 mDKK), while net earnings were -303.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -42.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PAN-FORM ApS's liquidity measured by quick ratio was 1.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 954.89 | 3 628.39 | 4 037.76 | 3 383.47 | 2 858.93 |
Gross profit | 1 867.15 | 2 022.77 | 2 150.56 | 1 427.27 | 1 199.18 |
EBIT | - 176.23 | 243.02 | 274.36 | - 520.53 | - 297.60 |
Net earnings | - 167.35 | 232.72 | 244.10 | - 535.04 | - 303.29 |
Shareholders equity total | 923.21 | 1 155.93 | 1 400.03 | 864.98 | 561.69 |
Balance sheet total (assets) | 3 954.32 | 3 985.08 | 3 730.86 | 3 103.80 | 2 559.07 |
Net debt | 861.33 | 324.81 | 686.00 | 908.75 | 1 007.89 |
Profitability | |||||
EBIT-% | -4.5 % | 6.7 % | 6.8 % | -15.4 % | -10.4 % |
ROA | -4.2 % | 6.1 % | 7.1 % | -15.2 % | -10.5 % |
ROE | -16.6 % | 22.4 % | 19.1 % | -47.2 % | -42.5 % |
ROI | -5.1 % | 7.3 % | 8.4 % | -17.4 % | -11.1 % |
Economic value added (EVA) | - 147.48 | 263.90 | 285.68 | - 539.88 | - 286.08 |
Solvency | |||||
Equity ratio | 48.6 % | 54.1 % | 64.3 % | 60.1 % | 61.0 % |
Gearing | 185.3 % | 147.6 % | 121.5 % | 231.6 % | 346.8 % |
Relative net indebtedness % | 54.6 % | 39.9 % | 26.7 % | 27.3 % | 35.3 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.5 | 1.5 | 1.4 | 1.3 |
Current ratio | 0.9 | 1.5 | 1.5 | 1.4 | 1.4 |
Cash and cash equivalents | 849.69 | 1 381.21 | 1 015.03 | 1 094.20 | 940.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.2 | 28.9 | 40.9 | 31.9 | 40.8 |
Net working capital % | -4.8 % | 15.9 % | 14.3 % | 13.2 % | 12.1 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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