PAREXEL DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAREXEL DENMARK A/S
PAREXEL DENMARK A/S (CVR number: 31588626) is a company from KØBENHAVN. The company reported a net sales of 36.4 mDKK in 2023, demonstrating a decline of -8.7 % compared to the previous year. The operating profit percentage was at 3.1 % (EBIT: 1.1 mDKK), while net earnings were 1172 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PAREXEL DENMARK A/S's liquidity measured by quick ratio was 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32.67 | 16.99 | 39.81 | 39.83 | 36.37 |
Gross profit | 23.00 | 11.25 | 27.42 | 29.23 | 27.36 |
EBIT | 0.70 | 0.23 | 2.93 | 2.85 | 1.11 |
Net earnings | 0.49 | 0.16 | 2.20 | 2.03 | 1.17 |
Shareholders equity total | 9.87 | 10.02 | 12.23 | 14.25 | 15.43 |
Balance sheet total (assets) | 18.85 | 19.02 | 26.34 | 18.59 | 19.15 |
Net debt | -13.91 | -12.67 | -8.94 | -10.04 | -16.27 |
Profitability | |||||
EBIT-% | 2.1 % | 1.4 % | 7.4 % | 7.1 % | 3.1 % |
ROA | 3.8 % | 1.2 % | 12.9 % | 12.7 % | 7.6 % |
ROE | 5.1 % | 1.6 % | 19.8 % | 15.3 % | 7.9 % |
ROI | 6.7 % | 2.1 % | 19.3 % | 16.5 % | 9.0 % |
Economic value added (EVA) | 0.05 | -0.38 | 1.71 | 1.12 | 0.16 |
Solvency | |||||
Equity ratio | 52.3 % | 52.7 % | 46.4 % | 76.7 % | 80.6 % |
Gearing | 0.4 % | 40.1 % | 5.2 % | 0.0 % | |
Relative net indebtedness % | -19.0 % | -29.4 % | -3.9 % | -17.5 % | -36.2 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.4 | 2.0 | 4.7 | 6.0 |
Current ratio | 2.3 | 2.4 | 2.0 | 4.7 | 6.0 |
Cash and cash equivalents | 13.91 | 12.71 | 13.84 | 10.78 | 16.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 31.7 % | 61.7 % | 31.9 % | 35.5 % | 43.0 % |
Credit risk | |||||
Credit rating | A | A | AA | A | A |
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