PLAST 1 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PLAST 1 A/S
PLAST 1 A/S (CVR number: 31618606) is a company from HØRSHOLM. The company reported a net sales of 874.4 mDKK in 2024, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 103.2 mDKK), while net earnings were 79.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38.3 %, which can be considered excellent and Return on Equity (ROE) was 79.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.9 %, 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. PLAST 1 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 | 483.93 | 616.66 | 689.36 | 842.27 | 874.41 |
Gross profit | 53.06 | 70.02 | 58.06 | 112.37 | 132.30 |
EBIT | 33.71 | 49.43 | 40.50 | 86.04 | 103.24 |
Net earnings | 25.92 | 38.55 | 30.20 | 66.22 | 79.48 |
Shareholders equity total | 79.67 | 100.21 | 63.41 | 114.63 | 86.11 |
Balance sheet total (assets) | 168.48 | 193.51 | 208.86 | 287.87 | 269.68 |
Net debt | -55.42 | -23.55 | |||
Profitability | |||||
EBIT-% | 8.0 % | 5.9 % | 10.2 % | 11.8 % | |
ROA | 27.3 % | 20.1 % | 34.9 % | 38.3 % | |
ROE | 42.9 % | 36.9 % | 74.4 % | 79.2 % | |
ROI | 27.3 % | 20.1 % | 49.4 % | 82.8 % | |
Economic value added (EVA) | 30.51 | 45.42 | 35.47 | 64.06 | 72.08 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 39.8 % | 31.9 % | |
Gearing | 21.5 % | 30.6 % | |||
Relative net indebtedness % | 10.7 % | 14.9 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.3 | |||
Current ratio | 1.6 | 1.3 | |||
Cash and cash equivalents | 80.03 | 49.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.0 | 63.2 | |||
Net working capital % | 11.4 % | 6.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | A |
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