Planet Living A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Planet Living A/S
Planet Living A/S (CVR number: 40485813K) is a company from ESBJERG. The company recorded a gross profit of 4354.9 kDKK in 2023. The operating profit was 1642 kDKK, while net earnings were -1176 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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. Planet Living A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 484.00 | - 798.00 | 3 656.00 | 8 673.00 | 4 354.89 |
EBIT | - 500.00 | - 839.00 | 2 200.00 | 5 322.00 | 1 642.00 |
Net earnings | - 568.00 | - 988.00 | 1 006.00 | 3 115.00 | -1 176.00 |
Shareholders equity total | 4 432.00 | 8 444.00 | 24 449.00 | 26 565.00 | 36 389.00 |
Balance sheet total (assets) | 14 961.00 | 26 486.00 | 43 888.00 | 69 457.00 | 88 162.00 |
Net debt | 8 128.00 | 16 606.00 | 12 954.00 | 33 598.00 | 45 559.11 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.3 % | -4.0 % | 6.3 % | 9.4 % | 2.0 % |
ROE | -12.8 % | -15.3 % | 6.1 % | 12.2 % | -3.7 % |
ROI | -3.4 % | -4.1 % | 6.5 % | 10.5 % | 2.2 % |
Economic value added (EVA) | - 402.27 | -1 022.21 | 910.82 | 2 719.86 | - 381.88 |
Solvency | |||||
Equity ratio | 29.6 % | 31.9 % | 55.8 % | 38.3 % | 41.3 % |
Gearing | 232.2 % | 212.3 % | 68.9 % | 127.3 % | 125.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 0.5 | 0.1 | 0.7 |
Current ratio | 1.5 | 1.5 | 2.6 | 1.6 | 1.7 |
Cash and cash equivalents | 2 161.00 | 1 320.00 | 3 887.00 | 215.00 | 214.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA | A |
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