PANKAS A/S — Credit Rating and Financial Key Figures

CVR number: 20732318
Rundforbivej 34, Trørød 2950 Vedbæk
pankas@pankas.dk
tel: 45650330

Credit rating

Company information

Official name
PANKAS A/S
Personnel
217 persons
Established
1939
Domicile
Trørød
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 199.451 274.291 555.751 732.681 717.17
Gross profit425.13408.44478.62558.67573.63
EBIT60.1228.7661.7690.7584.16
Net earnings40.5316.3638.0156.1248.55
Shareholders equity total265.77266.39294.07337.54321.07
Balance sheet total (assets)600.07635.02681.04726.321 030.88
Net debt-6.6158.8465.3722.6690.25
Profitability
EBIT-%5.0 %2.3 %4.0 %5.2 %4.9 %
ROA10.3 %4.9 %9.7 %13.5 %9.9 %
ROE16.9 %6.6 %14.4 %18.7 %15.2 %
ROI14.4 %6.8 %13.0 %18.4 %14.5 %
Economic value added (EVA)35.5810.4134.0253.6742.38
Solvency
Equity ratio44.6 %42.6 %44.2 %46.5 %31.2 %
Gearing26.6 %46.8 %41.8 %31.3 %75.1 %
Relative net indebtedness %20.4 %22.7 %20.2 %16.4 %30.1 %
Liquidity
Quick ratio1.41.21.21.21.2
Current ratio1.51.21.31.31.3
Cash and cash equivalents77.1765.7157.5582.89150.78
Capital use efficiency
Trade debtors turnover (days)40.241.139.245.175.5
Net working capital %8.2 %4.0 %4.4 %5.3 %7.7 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:9.86%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer
Chief executive officer

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