PAA2024 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAA2024 A/S
PAA2024 A/S (CVR number: 73556511) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -21.9 kDKK, while net earnings were 44.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 29.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PAA2024 A/S's liquidity measured by quick ratio was 190.9 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 | |||||
EBIT | -42.10 | -93.57 | -40.71 | -24.84 | -21.88 |
Net earnings | 21 927.70 | 38 508.70 | 44 939.08 | 42 675.74 | 44 121.24 |
Shareholders equity total | 123 969.73 | 137 478.43 | 148 002.25 | 147 823.25 | 151 950.98 |
Balance sheet total (assets) | 166 173.19 | 146 951.03 | 148 074.05 | 147 895.05 | 152 196.75 |
Net debt | 31 715.41 | ||||
Profitability | |||||
EBIT-% | |||||
ROA | 17.0 % | 24.7 % | 30.5 % | 28.8 % | 28.8 % |
ROE | 17.8 % | 29.5 % | 31.5 % | 28.9 % | 29.4 % |
ROI | 17.1 % | 25.6 % | 31.5 % | 28.8 % | 28.8 % |
Economic value added (EVA) | 3 981.25 | 3 970.01 | -1 312.28 | -1 939.69 | -1 946.67 |
Solvency | |||||
Equity ratio | 74.6 % | 93.6 % | 100.0 % | 100.0 % | 99.8 % |
Gearing | 25.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.0 | 639.1 | 639.0 | 190.9 | |
Current ratio | 5.0 | 639.1 | 639.0 | 190.9 | |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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