PETEC DANMARK ApS — Credit Rating and Financial Key Figures

PETEC DANMARK ApS (CVR number: 87874028) is a company from GLOSTRUP. The company reported a net sales of 0.3 mDKK in 2018, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was at 20.6 % (EBIT: 0.1 mDKK), while net earnings were 41.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 42 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PETEC DANMARK ApS's liquidity measured by quick ratio was 3.4 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.