PAASKE ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 31183073
Æblevænget 16, 8722 Hedensted

Company information

Official name
PAASKE ENGINEERING ApS
Established
2008
Company form
Private limited company
Industry

About PAASKE ENGINEERING ApS

PAASKE ENGINEERING ApS (CVR number: 31183073) is a company from HEDENSTED. The company recorded a gross profit of -11.1 kDKK in 2024. The operating profit was -11.1 kDKK, while net earnings were 672.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. 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. PAASKE ENGINEERING ApS's liquidity measured by quick ratio was 332.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-5.01-6.03-8.62-6.57-11.09
EBIT-5.01-6.03-8.62-6.57-11.09
Net earnings996.10957.45748.804 623.82672.13
Shareholders equity total3 872.444 716.895 351.299 857.3210 029.45
Balance sheet total (assets)3 876.775 003.825 355.129 864.9410 050.30
Net debt-1 008.08-1 448.75-1 849.98-3 181.11-6 936.03
Profitability
EBIT-%
ROA27.9 %22.2 %17.1 %61.3 %7.5 %
ROE29.0 %22.3 %14.9 %60.8 %6.8 %
ROI29.1 %22.9 %17.6 %61.4 %7.5 %
Economic value added (EVA)- 155.10- 199.72- 243.78- 274.01- 503.92
Solvency
Equity ratio99.9 %94.3 %99.9 %99.9 %99.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio232.98.1493.5417.1332.6
Current ratio232.98.1493.5417.1332.6
Cash and cash equivalents1 008.081 448.751 849.983 181.116 936.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.46%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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