PANKAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PANKAS A/S
PANKAS A/S (CVR number: 20732318K) is a company from RUDERSDAL. The company reported a net sales of 1717.2 mDKK in 2024, demonstrating a decline of -0.9 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 84.2 mDKK), while net earnings were 48.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. PANKAS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 199.45 | 1 274.29 | 1 555.75 | 1 732.68 | 1 717.17 |
Gross profit | 425.13 | 408.44 | 478.62 | 558.67 | 573.63 |
EBIT | 60.12 | 28.76 | 61.76 | 90.75 | 84.16 |
Net earnings | 40.53 | 16.36 | 38.01 | 56.12 | 48.55 |
Shareholders equity total | 265.77 | 266.39 | 294.07 | 337.54 | 321.07 |
Balance sheet total (assets) | 600.07 | 635.02 | 681.04 | 726.32 | 1 030.88 |
Net debt | -6.61 | 58.84 | 65.37 | 22.66 | 90.25 |
Profitability | |||||
EBIT-% | 5.0 % | 2.3 % | 4.0 % | 5.2 % | 4.9 % |
ROA | 10.3 % | 4.9 % | 9.7 % | 13.5 % | 9.9 % |
ROE | 16.9 % | 6.6 % | 14.4 % | 18.7 % | 15.2 % |
ROI | 14.4 % | 6.8 % | 13.0 % | 18.4 % | 14.5 % |
Economic value added (EVA) | 35.58 | 10.41 | 34.02 | 53.67 | 42.38 |
Solvency | |||||
Equity ratio | 44.6 % | 42.6 % | 44.2 % | 46.5 % | 31.2 % |
Gearing | 26.6 % | 46.8 % | 41.8 % | 31.3 % | 75.1 % |
Relative net indebtedness % | 20.4 % | 22.7 % | 20.2 % | 16.4 % | 30.1 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.2 | 1.2 | 1.2 |
Current ratio | 1.5 | 1.2 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 77.17 | 65.71 | 57.55 | 82.89 | 150.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.2 | 41.1 | 39.2 | 45.1 | 75.5 |
Net working capital % | 8.2 % | 4.0 % | 4.4 % | 5.3 % | 7.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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