PLASTMO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PLASTMO A/S
PLASTMO A/S (CVR number: 33051662) is a company from RINGSTED. The company reported a net sales of 165.6 mDKK in 2023, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 12.2 mDKK), while net earnings were 10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, 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. PLASTMO A/S's liquidity measured by quick ratio was 1.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 147.88 | 192.33 | 176.09 | 170.35 | 165.60 |
Gross profit | 62.72 | 77.93 | 74.42 | 71.39 | 68.57 |
EBIT | 12.95 | 25.03 | 21.55 | 17.09 | 12.18 |
Net earnings | 9.77 | 19.29 | 14.83 | 13.05 | 10.10 |
Shareholders equity total | 49.04 | 40.14 | 41.64 | 42.62 | 48.48 |
Balance sheet total (assets) | 75.45 | 83.03 | 79.28 | 74.80 | 93.86 |
Net debt | 6.55 | 6.37 | 5.49 | 5.63 | 17.09 |
Profitability | |||||
EBIT-% | 8.8 % | 13.0 % | 12.2 % | 10.0 % | 7.4 % |
ROA | 19.4 % | 31.8 % | 26.6 % | 22.2 % | 14.7 % |
ROE | 22.1 % | 43.3 % | 36.3 % | 31.0 % | 22.2 % |
ROI | 25.6 % | 44.3 % | 38.9 % | 30.8 % | 19.2 % |
Economic value added (EVA) | 7.92 | 16.74 | 12.86 | 11.23 | 8.18 |
Solvency | |||||
Equity ratio | 65.0 % | 48.3 % | 52.5 % | 57.0 % | 51.7 % |
Gearing | 13.4 % | 15.9 % | 13.2 % | 13.2 % | 35.2 % |
Relative net indebtedness % | 17.7 % | 18.8 % | 17.0 % | 14.2 % | 22.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.7 | 1.4 | 1.6 | 1.5 |
Current ratio | 3.0 | 2.4 | 2.5 | 2.9 | 2.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 55.7 | 56.9 | 59.8 | 73.2 | 93.1 |
Net working capital % | 32.4 % | 24.0 % | 26.1 % | 27.2 % | 30.4 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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