Petimo A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Petimo A/S
Petimo A/S (CVR number: 37998753) is a company from VIBORG. The company recorded a gross profit of 219.5 kDKK in 2023. The operating profit was -292.3 kDKK, while net earnings were -315.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -49.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Petimo A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 642.51 | 1 680.88 | 1 355.11 | 696.68 | 219.51 |
| EBIT | -43.29 | -1 884.45 | 264.40 | - 165.11 | - 292.28 |
| Net earnings | -72.67 | -1 491.66 | 172.97 | - 217.28 | - 315.46 |
| Shareholders equity total | 3 329.60 | 837.94 | 1 010.91 | 793.63 | 478.17 |
| Balance sheet total (assets) | 4 663.50 | 2 170.46 | 1 906.10 | 1 759.89 | 1 189.41 |
| Net debt | - 362.33 | - 309.13 | -58.79 | -13.07 | 49.93 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.0 % | -55.1 % | 13.0 % | -9.0 % | -19.8 % |
| ROE | -2.2 % | -71.6 % | 18.7 % | -24.1 % | -49.6 % |
| ROI | -1.1 % | -76.0 % | 25.7 % | -16.6 % | -41.5 % |
| Economic value added (EVA) | - 157.09 | -1 617.95 | 176.48 | - 206.25 | - 327.50 |
| Solvency | |||||
| Equity ratio | 71.4 % | 38.6 % | 53.0 % | 45.1 % | 40.2 % |
| Gearing | 2.5 % | 12.9 % | 9.8 % | 10.0 % | 12.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.2 | 1.6 | 2.1 | 1.8 | 1.7 |
| Current ratio | 2.6 | 1.6 | 2.1 | 1.8 | 1.7 |
| Cash and cash equivalents | 445.41 | 417.17 | 158.32 | 92.78 | 7.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | B | BBB | BB | BB |
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