PLUS PACK A/S — Credit Rating and Financial Key Figures

CVR number: 37754013
Energivej 40, Lindved 5260 Odense S
tel: 65506000

Credit rating

Company information

Official name
PLUS PACK A/S
Personnel
147 persons
Established
1963
Domicile
Lindved
Company form
Limited company
Industry

About PLUS PACK A/S

PLUS PACK A/S (CVR number: 37754013K) is a company from ODENSE. The company reported a net sales of 600.2 mDKK in 2024, demonstrating a decline of -8.3 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 39.3 mDKK), while net earnings were 22 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.1 %, 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. PLUS PACK A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales560.00633.00727.00654.48600.22
Gross profit157.00192.00196.00184.46179.61
EBIT35.0062.0052.0046.6139.34
Net earnings21.0043.0035.0028.0022.01
Shareholders equity total133.00166.00174.70187.37193.92
Balance sheet total (assets)366.00436.00484.00476.34522.45
Net debt13.1237.89
Profitability
EBIT-%6.3 %9.8 %7.2 %7.1 %6.6 %
ROA10.4 %15.5 %11.3 %10.0 %8.1 %
ROE16.6 %28.8 %20.5 %15.5 %11.5 %
ROI10.4 %15.5 %11.3 %11.3 %10.6 %
Economic value added (EVA)28.9755.3243.6626.8820.83
Solvency
Equity ratio100.0 %100.0 %100.0 %39.3 %37.1 %
Gearing20.9 %31.6 %
Relative net indebtedness %38.1 %48.3 %
Liquidity
Quick ratio1.00.7
Current ratio1.61.4
Cash and cash equivalents26.0923.35
Capital use efficiency
Trade debtors turnover (days)50.457.0
Net working capital %12.4 %11.2 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:8.12%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.1%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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