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Plank ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Plank ApS
Plank ApS (CVR number: 34876908) is a company from KØBENHAVN. The company recorded a gross profit of 745.1 kDKK in 2024. The operating profit was -17.8 kDKK, while net earnings were 11.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Plank ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.00 | -3.50 | 1 149.13 | 929.99 | 745.14 |
| EBIT | -3.00 | -3.50 | 544.71 | 155.22 | -17.84 |
| Net earnings | -9.22 | -4.25 | 390.69 | 78.52 | 11.37 |
| Shareholders equity total | -9.61 | -13.86 | 376.83 | 456.35 | 467.73 |
| Balance sheet total (assets) | 442.01 | 460.56 | 1 920.73 | 1 937.47 | 1 874.07 |
| Net debt | 437.42 | 474.23 | 932.16 | 764.08 | 722.56 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.1 % | 3.1 % | 47.7 % | 8.1 % | -0.9 % |
| ROE | -1.9 % | -0.9 % | 93.3 % | 18.8 % | 2.5 % |
| ROI | 2.1 % | 3.1 % | 56.4 % | 10.9 % | -1.3 % |
| Economic value added (EVA) | -28.92 | -25.00 | 378.47 | 31.98 | -79.46 |
| Solvency | |||||
| Equity ratio | -2.1 % | -2.9 % | 19.6 % | 23.6 % | 25.0 % |
| Gearing | -4551.2 % | -3421.6 % | 312.1 % | 189.4 % | 184.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.0 | 2.6 | 1.0 | 1.2 |
| Current ratio | 1.0 | 1.0 | 4.3 | 2.6 | 3.0 |
| Cash and cash equivalents | 243.85 | 100.42 | 141.94 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | BB |
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