PICOTEAM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 060.92 | 1 845.42 | 1 604.12 | 1 617.11 | 1 912.25 |
Gross profit | 989.59 | 1 256.76 | 1 554.53 | 1 171.71 | 1 220.73 |
EBIT | 249.46 | 272.38 | 254.83 | 146.62 | 188.66 |
Net earnings | 255.88 | 206.48 | 194.54 | 121.07 | 146.81 |
Shareholders equity total | 602.88 | 809.36 | 1 003.89 | 1 124.97 | 1 271.78 |
Balance sheet total (assets) | 952.94 | 1 911.93 | 2 074.59 | 2 044.78 | 2 112.05 |
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 % |
ROA | 29.8 % | 19.0 % | 12.8 % | 7.7 % | 9.1 % |
ROE | 51.6 % | 29.2 % | 21.5 % | 11.4 % | 12.3 % |
ROI | 31.6 % | 22.8 % | 17.3 % | 11.3 % | 11.7 % |
Economic value added (EVA) | 280.51 | 211.04 | 207.66 | 122.64 | 163.36 |
Solvency | |||||
Equity ratio | 63.3 % | 42.3 % | 48.4 % | 55.0 % | 60.2 % |
Gearing | 42.9 % | 88.9 % | 40.5 % | 22.6 % | 44.7 % |
Relative net indebtedness % | -21.1 % | 6.3 % | -6.1 % | -32.6 % | -62.5 % |
Liquidity | |||||
Quick ratio | 2.7 | 3.0 | 2.3 | 2.6 | 3.1 |
Current ratio | 2.7 | 3.0 | 2.3 | 2.6 | 3.1 |
Cash and cash equivalents | 574.33 | 986.37 | 1 168.55 | 1 447.36 | 2 034.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 130.3 | 72.6 | 92.4 | 86.4 | 14.8 |
Net working capital % | 56.8 % | 69.6 % | 74.3 % | 77.0 % | 74.8 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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