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

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 7815.8 kDKK in 2024. The operating profit was 514.1 kDKK, while net earnings were 316.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 867.705 586.356 258.906 374.727 815.83
EBIT92.3191.44122.64318.17514.05
Net earnings56.4249.8187.04138.45316.54
Shareholders equity total2 884.302 934.113 021.153 159.593 476.13
Balance sheet total (assets)10 999.244 610.6811 007.498 723.078 967.22
Net debt5 128.65- 857.303 212.241 961.481 379.69
Profitability
EBIT-%
ROA0.8 %1.2 %1.6 %3.2 %5.8 %
ROE2.0 %1.7 %2.9 %4.5 %9.5 %
ROI1.0 %1.5 %2.6 %5.0 %8.2 %
Economic value added (EVA)- 367.47- 372.15-60.14-96.2777.26
Solvency
Equity ratio26.2 %63.6 %27.4 %36.2 %38.8 %
Gearing199.7 %2.6 %109.9 %101.6 %79.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.42.51.30.31.4
Current ratio1.42.51.30.31.4
Cash and cash equivalents632.01933.16109.251 248.151 371.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.81%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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