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: 20732318) is a company from RUDERSDAL. The company reported a net sales of 587.8 mDKK in 2024, demonstrating a growth of 13.4 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 22.3 mDKK), while net earnings were 48.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.9 %, 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. PANKAS A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales349.19358.76497.55518.26587.80
Gross profit144.69128.69167.17200.57216.97
EBIT7.16-12.155.7629.4822.28
Net earnings39.0515.0836.0655.6748.19
Shareholders equity total249.03249.07277.08321.83315.66
Balance sheet total (assets)397.26418.51452.91487.36646.55
Net debt35.5277.5574.7044.62203.41
Profitability
EBIT-%2.1 %-3.4 %1.2 %5.7 %3.8 %
ROA10.9 %3.6 %9.5 %14.6 %10.7 %
ROE16.3 %6.1 %13.7 %18.6 %15.1 %
ROI12.6 %4.2 %10.9 %17.3 %12.6 %
Economic value added (EVA)-0.19-13.820.2916.797.41
Solvency
Equity ratio62.7 %59.5 %61.2 %66.0 %48.9 %
Gearing18.0 %31.5 %27.0 %13.9 %64.5 %
Relative net indebtedness %39.1 %46.7 %34.8 %30.4 %54.6 %
Liquidity
Quick ratio1.10.60.71.11.1
Current ratio1.20.60.81.21.2
Cash and cash equivalents9.360.970.230.06
Capital use efficiency
Trade debtors turnover (days)55.149.156.475.581.0
Net working capital %4.4 %-11.3 %-5.4 %4.4 %4.1 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.9%
Rating: 39/100
-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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