PICOTEAM ApS — Credit Rating and Financial Key Figures

CVR number: 33246153
Brandsbjergvej 34, 2600 Glostrup

Credit rating

Company information

Official name
PICOTEAM ApS
Personnel
2 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 1.9 mDKK in 2023, demonstrating a growth of 18.3 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 0.2 mDKK), while net earnings were 146.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PICOTEAM ApS's liquidity measured by quick ratio was 3.1 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
2019
2020
2021
2022
2023
Volume
Net sales1 060.921 845.421 604.121 617.111 912.25
Gross profit989.591 256.761 554.531 171.711 220.73
EBIT249.46272.38254.83146.62188.66
Net earnings255.88206.48194.54121.07146.81
Shareholders equity total602.88809.361 003.891 124.971 271.78
Balance sheet total (assets)952.941 911.932 074.592 044.782 112.05
Net debt- 315.85- 266.85- 761.53-1 193.60-1 466.38
Profitability
EBIT-%23.5 %14.8 %15.9 %9.1 %9.9 %
ROA29.8 %19.0 %12.8 %7.7 %9.1 %
ROE51.6 %29.2 %21.5 %11.4 %12.3 %
ROI31.6 %22.8 %17.3 %11.3 %11.7 %
Economic value added (EVA)280.51211.04207.66122.64163.36
Solvency
Equity ratio63.3 %42.3 %48.4 %55.0 %60.2 %
Gearing42.9 %88.9 %40.5 %22.6 %44.7 %
Relative net indebtedness %-21.1 %6.3 %-6.1 %-32.6 %-62.5 %
Liquidity
Quick ratio2.73.02.32.63.1
Current ratio2.73.02.32.63.1
Cash and cash equivalents574.33986.371 168.551 447.362 034.73
Capital use efficiency
Trade debtors turnover (days)130.372.692.486.414.8
Net working capital %56.8 %69.6 %74.3 %77.0 %74.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.08%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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