Plant2Plast A/S — Credit Rating and Financial Key Figures

CVR number: 38740962
Nellemosevej 14, Nellemose 5683 Haarby
tel: 64653277

Credit rating

Company information

Official name
Plant2Plast A/S
Personnel
13 persons
Established
2017
Domicile
Nellemose
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Plant2Plast A/S

Plant2Plast A/S (CVR number: 38740962) is a company from ASSENS. The company recorded a gross profit of 8732.5 kDKK in 2023. The operating profit was 484.3 kDKK, while net earnings were 63.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 78.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Plant2Plast A/S's liquidity measured by quick ratio was 1.6 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 profit8 709.7510 989.4716 738.564 979.208 732.53
EBIT2 772.003 983.227 253.76-5 941.39484.29
Net earnings2 062.702 738.615 036.16-4 993.5363.30
Shareholders equity total12 979.8013 718.4016 054.5714 661.0414 724.33
Balance sheet total (assets)21 096.1027 807.0136 868.4930 876.4319 557.96
Net debt1 262.621 832.881 445.768 462.791 201.86
Profitability
EBIT-%
ROA13.8 %16.3 %22.4 %-16.7 %2.2 %
ROE16.2 %20.5 %33.8 %-32.5 %0.4 %
ROI17.8 %23.0 %36.6 %-25.5 %2.8 %
Economic value added (EVA)1 548.552 474.635 031.62-5 290.64- 357.55
Solvency
Equity ratio61.5 %49.3 %43.5 %48.5 %78.1 %
Gearing15.4 %25.0 %27.8 %58.3 %9.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.80.71.6
Current ratio2.21.81.61.73.6
Cash and cash equivalents741.241 601.413 010.4383.37253.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBBA

Variable visualization

ROA:2.23%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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