Planet Payment Denmark ApS — Credit Rating and Financial Key Figures

Planet Payment Denmark ApS (CVR number: 29602492K) is a company from KØBENHAVN. The company recorded a gross profit of 5351.1 kDKK in 2018. The operating profit was 364 kDKK, while net earnings were 227.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Planet Payment Denmark ApS's liquidity measured by quick ratio was 1.4 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.