P.I.HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About P.I.HOLDING A/S
P.I.HOLDING A/S (CVR number: 24317714) is a company from MIDDELFART. The company recorded a gross profit of -708.7 kDKK in 2023. The operating profit was -1517.7 kDKK, while net earnings were 5330.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. P.I.HOLDING A/S's liquidity measured by quick ratio was 81.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 277.71 | -1 137.05 | - 711.70 | - 775.45 | - 708.68 |
EBIT | -5 038.61 | -3 144.37 | -1 585.34 | -1 599.23 | -1 517.69 |
Net earnings | 8 755.64 | -5 027.08 | 4 105.93 | -8 849.08 | 5 330.44 |
Shareholders equity total | 172 329.05 | 132 301.97 | 136 407.90 | 127 558.82 | 132 889.26 |
Balance sheet total (assets) | 173 813.12 | 136 884.38 | 140 544.35 | 130 313.78 | 134 521.98 |
Net debt | - 162 228.20 | - 123 316.31 | - 135 091.65 | - 126 225.59 | - 131 662.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.2 % | 1.2 % | 3.5 % | 2.0 % | 4.0 % |
ROE | 5.0 % | -3.3 % | 3.1 % | -6.7 % | 4.1 % |
ROI | 6.3 % | 1.2 % | 3.5 % | 2.0 % | 4.0 % |
Economic value added (EVA) | -4 879.63 | -3 713.15 | -1 826.09 | -1 463.02 | -1 471.36 |
Solvency | |||||
Equity ratio | 99.1 % | 96.7 % | 97.1 % | 97.9 % | 98.8 % |
Gearing | 3.3 % | 3.0 % | 2.1 % | 1.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 110.7 | 28.0 | 33.8 | 47.0 | 81.9 |
Current ratio | 110.7 | 28.0 | 33.8 | 47.0 | 81.9 |
Cash and cash equivalents | 162 228.20 | 127 688.49 | 139 118.53 | 128 876.76 | 133 154.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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