Puzzel A/S — Credit Rating and Financial Key Figures

CVR number: 25254864
H.J. Holst Vej 5, 2605 Brøndby
tel: 70807081
https://www.puzzel.com/dk/

Credit rating

Company information

Official name
Puzzel A/S
Personnel
13 persons
Established
2000
Company form
Limited company
Industry
  • Expand more icon61Telecommunications

About Puzzel A/S

Puzzel A/S (CVR number: 25254864) is a company from BRØNDBY. The company reported a net sales of 65 mDKK in 2023, demonstrating a growth of 23.4 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 2.3 mDKK), while net earnings were 3676 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.1 %, which can be considered excellent and Return on Equity (ROE) was 56 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. Puzzel A/S's liquidity measured by quick ratio was 0.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales24.7534.4646.6852.6364.95
Gross profit11.9014.1712.2010.2014.35
EBIT3.431.401.981.482.34
Net earnings2.911.091.761.343.68
Shareholders equity total12.204.293.394.738.41
Balance sheet total (assets)21.3826.0121.7723.3529.64
Net debt-4.506.32-1.12-0.89-0.45
Profitability
EBIT-%13.9 %4.1 %4.2 %2.8 %3.6 %
ROA20.3 %6.9 %9.7 %8.0 %21.1 %
ROE27.1 %13.2 %45.8 %32.9 %56.0 %
ROI30.4 %11.6 %27.1 %44.3 %85.0 %
Economic value added (EVA)2.310.801.481.041.57
Solvency
Equity ratio65.8 %19.1 %15.6 %20.3 %28.4 %
Gearing15.0 %219.6 %
Relative net indebtedness %11.6 %54.0 %37.0 %33.7 %32.0 %
Liquidity
Quick ratio1.90.50.60.70.6
Current ratio1.30.50.60.70.6
Cash and cash equivalents6.323.111.120.890.45
Capital use efficiency
Trade debtors turnover (days)70.148.757.070.857.5
Net working capital %10.9 %-34.3 %-16.1 %-9.0 %-14.2 %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:21.1%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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