PTN HOLDING, BALLING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PTN HOLDING, BALLING ApS
PTN HOLDING, BALLING ApS (CVR number: 27209971) is a company from SKIVE. The company recorded a gross profit of -334.1 kDKK in 2024. The operating profit was -334.1 kDKK, while net earnings were 102.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. PTN HOLDING, BALLING ApS's liquidity measured by quick ratio was 29.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 379.99 | -4 783.76 | -1 158.88 | -3 006.35 | - 334.11 |
| EBIT | - 379.99 | -4 783.76 | -1 158.88 | -3 006.35 | - 334.11 |
| Net earnings | 66 758.36 | 84 118.02 | 66 695.20 | 93 871.01 | 102 192.21 |
| Shareholders equity total | 501 143.61 | 575 154.13 | 630 772.82 | 714 766.33 | 806 680.54 |
| Balance sheet total (assets) | 740 401.11 | 820 726.38 | 876 302.65 | 957 538.96 | 1 048 469.52 |
| Net debt | 154 078.51 | 136 242.54 | 142 518.71 | 142 012.38 | 148 215.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.9 % | 11.7 % | 8.6 % | 11.5 % | 11.2 % |
| ROE | 14.1 % | 15.6 % | 11.1 % | 14.0 % | 13.4 % |
| ROI | 9.9 % | 11.7 % | 8.7 % | 11.6 % | 11.3 % |
| Economic value added (EVA) | -34 720.80 | -40 861.82 | -41 847.23 | -46 666.71 | -48 175.00 |
| Solvency | |||||
| Equity ratio | 67.7 % | 70.1 % | 72.0 % | 74.6 % | 76.9 % |
| Gearing | 47.6 % | 41.5 % | 38.7 % | 33.4 % | 29.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 116.5 | 15.1 | 14.8 | 23.7 | 29.1 |
| Current ratio | 116.5 | 15.1 | 14.8 | 23.7 | 29.1 |
| Cash and cash equivalents | 84 421.49 | 102 257.46 | 101 612.99 | 96 487.62 | 90 824.97 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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