Päivinen Designsmeden ApS — Credit Rating and Financial Key Figures

CVR number: 38816756
Prags Boulevard 63 A, 2300 København S

Credit rating

Company information

Official name
Päivinen Designsmeden ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Päivinen Designsmeden ApS

Päivinen Designsmeden ApS (CVR number: 38816756) is a company from KØBENHAVN. The company recorded a gross profit of 650.6 kDKK in 2023, demonstrating a growth of 3.1 % compared to the previous year. The operating profit was 347.9 kDKK, while net earnings were 274.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 29.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Päivinen Designsmeden ApS's liquidity measured by quick ratio was 6.8 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales2 088.471 911.792 039.452 084.31
Gross profit813.28994.24973.63630.78650.61
EBIT220.00319.84193.69269.32347.91
Net earnings161.50268.49129.71180.74274.12
Shareholders equity total500.93769.42786.13852.471 008.79
Balance sheet total (assets)1 060.311 041.35982.451 146.411 179.76
Net debt- 934.00- 642.42- 248.66- 332.80- 682.13
Profitability
EBIT-%10.5 %16.7 %9.5 %12.9 %
ROA26.4 %33.5 %19.2 %25.3 %30.6 %
ROE36.1 %42.3 %16.7 %22.1 %29.5 %
ROI49.2 %55.4 %24.9 %32.9 %38.3 %
Economic value added (EVA)163.52267.38142.87179.13241.58
Solvency
Equity ratio47.2 %73.9 %80.0 %74.4 %85.5 %
Gearing
Relative net indebtedness %-17.9 %-19.4 %-2.6 %-1.9 %
Liquidity
Quick ratio1.83.64.73.86.8
Current ratio1.83.64.73.86.8
Cash and cash equivalents934.00642.42248.66332.80682.13
Capital use efficiency
Trade debtors turnover (days)1.926.615.363.9
Net working capital %21.8 %28.2 %31.2 %37.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:30.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.5%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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