Peab Asfalt A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Peab Asfalt A/S
Peab Asfalt A/S (CVR number: 18298503) is a company from SILKEBORG. The company reported a net sales of 872.7 mDKK in 2024, demonstrating a growth of 23.7 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 41.3 mDKK), while net earnings were 27.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. Peab Asfalt A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 549.01 | 577.37 | 706.57 | 705.34 | 872.70 |
Gross profit | 549.01 | 577.37 | 706.57 | 88.03 | 134.69 |
EBIT | -2.22 | -25.69 | -15.27 | 11.06 | 41.33 |
Net earnings | -1.75 | -21.66 | -15.47 | 1.68 | 27.84 |
Shareholders equity total | 97.58 | 75.92 | 75.45 | 77.13 | 179.98 |
Balance sheet total (assets) | 286.51 | 307.01 | 344.84 | 342.40 | 333.61 |
Net debt | 154.80 | 5.82 | |||
Profitability | |||||
EBIT-% | -0.4 % | -4.4 % | -2.2 % | 1.6 % | 4.7 % |
ROA | -0.8 % | -8.7 % | -4.7 % | 3.3 % | 12.5 % |
ROE | -1.8 % | -25.0 % | -20.4 % | 2.2 % | 21.7 % |
ROI | -0.8 % | -8.7 % | -4.7 % | 3.8 % | 18.9 % |
Economic value added (EVA) | -7.21 | -30.59 | -19.08 | 4.54 | 21.09 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 23.0 % | 56.8 % |
Gearing | 200.8 % | 3.3 % | |||
Relative net indebtedness % | 37.5 % | 17.3 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | |||
Current ratio | 1.8 | 1.4 | |||
Cash and cash equivalents | 0.05 | 0.06 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.3 | 45.0 | |||
Net working capital % | 11.4 % | 5.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AAA |
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