Planet Payment Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 29602492
Østergade 24 A, 1100 København K
customerservices@planetpayment.com
tel: 70277843
https://www.planetpayment.com

Credit rating

Company information

Official name
Planet Payment Denmark ApS
Personnel
13 persons
Established
2006
Company form
Private limited company
Industry

About Planet Payment Denmark ApS

Planet Payment Denmark ApS (CVR number: 29602492) is a company from KØBENHAVN. The company recorded a gross profit of 6374.7 kDKK in 2023. The operating profit was 318.2 kDKK, while net earnings were 138.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. Planet Payment Denmark ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 075.385 867.705 586.356 258.906 374.72
EBIT535.0192.3191.44122.64318.17
Net earnings393.4956.4249.8187.04138.45
Shareholders equity total2 826.752 884.302 934.113 021.153 159.59
Balance sheet total (assets)11 877.0910 999.244 610.6811 007.498 723.07
Net debt3 195.465 128.65- 857.303 212.24320.27
Profitability
EBIT-%
ROA4.5 %0.8 %1.2 %1.6 %3.2 %
ROE13.9 %2.0 %1.7 %2.9 %4.5 %
ROI6.0 %1.0 %1.5 %2.6 %5.7 %
Economic value added (EVA)404.7735.15-50.38-9.4476.12
Solvency
Equity ratio23.8 %26.2 %63.6 %27.4 %36.2 %
Gearing189.7 %199.7 %2.6 %109.9 %49.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.42.51.32.0
Current ratio1.31.42.51.32.0
Cash and cash equivalents2 166.67632.01933.16109.251 248.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:3.23%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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