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 842.3 mDKK in 2023, demonstrating a growth of 22.2 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 86 mDKK), while net earnings were 66.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 74.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.8 %, 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 1.5 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 | 471.63 | 483.93 | 616.66 | 689.36 | 842.27 |
Gross profit | 45.15 | 53.06 | 70.02 | 58.06 | 112.37 |
EBIT | 28.51 | 33.71 | 49.43 | 40.50 | 86.04 |
Net earnings | 21.27 | 25.92 | 38.55 | 30.20 | 66.22 |
Shareholders equity total | 63.75 | 79.67 | 100.21 | 63.41 | 114.63 |
Balance sheet total (assets) | 149.09 | 168.48 | 193.51 | 208.86 | 287.87 |
Net debt | 42.80 | -55.42 | |||
Profitability | |||||
EBIT-% | 6.0 % | 7.0 % | 8.0 % | 5.9 % | 10.2 % |
ROA | 19.9 % | 21.2 % | 27.3 % | 20.1 % | 34.9 % |
ROE | 40.0 % | 36.1 % | 42.9 % | 36.9 % | 74.4 % |
ROI | 26.3 % | 21.2 % | 27.3 % | 26.5 % | 68.2 % |
Economic value added (EVA) | 26.70 | 30.51 | 45.42 | 26.61 | 63.02 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.4 % | 39.8 % |
Gearing | 73.3 % | 21.5 % | |||
Relative net indebtedness % | 20.3 % | 10.7 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | |||
Current ratio | 1.4 | 1.6 | |||
Cash and cash equivalents | 3.70 | 80.03 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.1 | 62.0 | |||
Net working capital % | 7.1 % | 11.4 % | |||
Credit risk | |||||
Credit rating | A | BBB | A | A |
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