PP HOLDING HIRTSHALS ApS — Credit Rating and Financial Key Figures

CVR number: 87602818
Bakkedraget 15, Horne 9850 Hirtshals

Credit rating

Company information

Official name
PP HOLDING HIRTSHALS ApS
Personnel
1 person
Established
1978
Domicile
Horne
Company form
Private limited company
Industry

About PP HOLDING HIRTSHALS ApS

PP HOLDING HIRTSHALS ApS (CVR number: 87602818) is a company from HJØRRING. The company recorded a gross profit of -34.4 kDKK in 2023. The operating profit was -106.4 kDKK, while net earnings were 237.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PP HOLDING HIRTSHALS ApS's liquidity measured by quick ratio was 12.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-30.15-32.44-35.12-37.48-34.41
EBIT-90.15- 102.44- 107.12- 109.48- 106.41
Net earnings628.3532.89441.94- 608.74237.93
Shareholders equity total6 598.286 520.576 849.516 126.576 246.69
Balance sheet total (assets)6 973.576 853.347 261.056 566.096 808.11
Net debt-6 926.39-6 718.01-7 261.05-6 324.00-6 664.00
Profitability
EBIT-%
ROA12.2 %0.9 %8.3 %3.2 %5.1 %
ROE9.9 %0.5 %6.6 %-9.4 %3.8 %
ROI13.0 %0.9 %8.7 %3.4 %5.5 %
Economic value added (EVA)- 364.46-62.34-73.60-64.82-73.08
Solvency
Equity ratio94.6 %95.1 %94.3 %93.3 %91.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.620.617.614.912.1
Current ratio18.620.617.614.912.1
Cash and cash equivalents6 926.396 718.017 261.056 324.006 664.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.08%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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