Paa Kanten Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Paa Kanten Aps
Paa Kanten Aps (CVR number: 34623287) is a company from FREDERIKSBERG. The company recorded a gross profit of 561.5 kDKK in 2023. The operating profit was 0.6 kDKK, while net earnings were -0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -47.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Paa Kanten 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 56.00 | 72.29 | 229.90 | 196.54 | 561.54 |
EBIT | - 272.00 | -74.17 | 24.27 | -92.52 | 0.61 |
Net earnings | - 212.00 | -57.85 | 23.54 | -94.37 | -0.30 |
Shareholders equity total | - 815.00 | - 872.70 | - 849.16 | - 943.52 | - 943.83 |
Balance sheet total (assets) | 336.00 | 326.78 | 368.54 | 324.09 | 1 052.09 |
Net debt | 653.00 | 802.02 | 1 046.17 | 1 055.74 | 1 909.79 |
Profitability | |||||
EBIT-% | |||||
ROA | -26.2 % | -6.3 % | 2.0 % | -7.4 % | 0.0 % |
ROE | -64.6 % | -17.5 % | 6.8 % | -27.2 % | -0.0 % |
ROI | -48.2 % | -10.1 % | 2.5 % | -8.4 % | 0.0 % |
Economic value added (EVA) | - 181.02 | -16.35 | 68.29 | -46.07 | 49.88 |
Solvency | |||||
Equity ratio | -70.8 % | -72.8 % | -69.7 % | -74.4 % | -47.3 % |
Gearing | -81.5 % | -92.3 % | -132.1 % | -115.8 % | -206.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.3 | 0.2 | 0.5 |
Current ratio | 0.2 | 0.2 | 0.3 | 0.2 | 0.5 |
Cash and cash equivalents | 11.00 | 3.21 | 75.25 | 36.93 | 40.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
Variable visualization
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