PICOTEAM ApS — Credit Rating and Financial Key Figures

CVR number: 33246153
Brandsbjergvej 34, 2600 Glostrup
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Credit rating

Company information

Official name
PICOTEAM ApS
Personnel
3 persons
Established
2010
Company form
Private limited company
Industry

About PICOTEAM ApS

PICOTEAM ApS (CVR number: 33246153) is a company from GLOSTRUP. The company reported a net sales of 1.8 mDKK in 2024, demonstrating a decline of -4.9 % compared to the previous year. The operating profit percentage was at 8.4 % (EBIT: 0.2 mDKK), while net earnings were 98.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.1 %, 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. PICOTEAM ApS's liquidity measured by quick ratio was 2 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 845.421 604.121 617.111 912.251 818.57
Gross profit1 256.761 554.531 171.711 220.731 195.93
EBIT272.38254.83146.62188.66152.69
Net earnings206.48194.54121.07146.8198.16
Shareholders equity total809.361 003.891 124.971 271.781 369.94
Balance sheet total (assets)1 911.932 074.592 044.782 112.052 734.89
Net debt- 741.85- 949.03-1 313.84-1 625.21-1 440.19
Profitability
EBIT-%14.8 %15.9 %9.1 %9.9 %8.4 %
ROA19.0 %12.8 %7.7 %9.1 %6.3 %
ROE29.2 %21.5 %11.4 %12.3 %7.4 %
ROI28.4 %22.4 %12.7 %12.8 %8.3 %
Economic value added (EVA)169.19145.8152.8983.9213.71
Solvency
Equity ratio42.3 %48.4 %55.0 %60.2 %50.1 %
Gearing30.2 %21.9 %11.9 %32.2 %44.7 %
Relative net indebtedness %6.3 %-6.1 %-32.6 %-62.5 %-37.8 %
Liquidity
Quick ratio3.02.32.63.12.0
Current ratio3.02.32.63.12.0
Cash and cash equivalents986.371 168.551 447.362 034.732 052.01
Capital use efficiency
Trade debtors turnover (days)72.692.486.414.8137.1
Net working capital %69.6 %74.3 %77.0 %74.8 %75.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.30%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.1%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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