PLAST 1 A/S — Credit Rating and Financial Key Figures

CVR number: 31618606
Usserød Kongevej 132, 2970 Hørsholm
tel: 70701601
www.plast1.eu

Company information

Official name
PLAST 1 A/S
Personnel
14 persons
Established
2008
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales471.63483.93616.66689.36842.27
Gross profit45.1553.0670.0258.06112.37
EBIT28.5133.7149.4340.5086.04
Net earnings21.2725.9238.5530.2066.22
Shareholders equity total63.7579.67100.2163.41114.63
Balance sheet total (assets)149.09168.48193.51208.86287.87
Net debt42.80-55.42
Profitability
EBIT-%6.0 %7.0 %8.0 %5.9 %10.2 %
ROA19.9 %21.2 %27.3 %20.1 %34.9 %
ROE40.0 %36.1 %42.9 %36.9 %74.4 %
ROI26.3 %21.2 %27.3 %26.5 %68.2 %
Economic value added (EVA)26.7030.5145.4226.6163.02
Solvency
Equity ratio100.0 %100.0 %100.0 %30.4 %39.8 %
Gearing73.3 %21.5 %
Relative net indebtedness %20.3 %10.7 %
Liquidity
Quick ratio1.21.5
Current ratio1.41.6
Cash and cash equivalents3.7080.03
Capital use efficiency
Trade debtors turnover (days)73.162.0
Net working capital %7.1 %11.4 %
Credit risk
Credit ratingABBBAA

Variable visualization

ROA:34.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.8%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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