PAX RECON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAX RECON ApS
PAX RECON ApS (CVR number: 29917795) is a company from HELSINGØR. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were -380.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29 %, which can be considered poor and Return on Equity (ROE) was -49.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, 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. PAX RECON ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | |||||
Net earnings | 142.30 | 57.60 | 72.49 | -57.60 | - 380.64 |
Shareholders equity total | 890.00 | 947.60 | 1 020.09 | 962.49 | 581.85 |
Balance sheet total (assets) | 1 458.44 | 1 516.04 | 1 588.53 | 1 499.71 | 1 119.06 |
Net debt | - 580.90 | - 638.50 | - 716.03 | - 668.43 | - 287.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.3 % | 3.9 % | 4.7 % | -3.7 % | -29.0 % |
ROE | 17.4 % | 6.3 % | 7.4 % | -5.8 % | -49.3 % |
ROI | 10.3 % | 3.9 % | 4.7 % | -3.8 % | -29.2 % |
Economic value added (EVA) | 42.01 | 40.05 | 47.20 | 50.35 | 52.93 |
Solvency | |||||
Equity ratio | 61.0 % | 62.5 % | 64.2 % | 64.2 % | 52.0 % |
Gearing | 62.7 % | 58.9 % | 54.7 % | 54.8 % | 90.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.7 | 2.8 | 2.8 | 2.1 |
Current ratio | 2.6 | 2.7 | 2.8 | 2.8 | 2.1 |
Cash and cash equivalents | 1 139.34 | 1 196.94 | 1 274.46 | 1 195.64 | 814.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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