PAA PROJECT FINANCE A/S — Credit Rating and Financial Key Figures

CVR number: 14853448
Industriholmen 2, 2650 Hvidovre
tel: 87442222

Credit rating

Company information

Official name
PAA PROJECT FINANCE A/S
Personnel
2 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About PAA PROJECT FINANCE A/S

PAA PROJECT FINANCE A/S (CVR number: 14853448) is a company from HVIDOVRE. The company recorded a gross profit of 10.2 mDKK in 2023. The operating profit was 6157 kDKK, while net earnings were 5191 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. PAA PROJECT FINANCE A/S's liquidity measured by quick ratio was 2.5 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 profit8 208.0016 595.0019 513.0017 895.0010 155.00
EBIT5 197.0013 907.0016 268.0013 862.006 157.00
Net earnings3 960.0010 746.0012 707.0010 207.005 191.00
Shareholders equity total8 760.0018 704.0020 853.0017 608.0013 470.00
Balance sheet total (assets)23 834.0026 990.0025 649.0027 793.0022 269.00
Net debt1.00-23.00-2.0041.0038.00
Profitability
EBIT-%
ROA17.5 %54.9 %62.1 %52.2 %27.2 %
ROE50.9 %78.3 %64.2 %53.1 %33.4 %
ROI40.0 %85.9 %81.9 %72.5 %43.7 %
Economic value added (EVA)3 730.0610 399.7411 746.229 662.213 893.34
Solvency
Equity ratio36.8 %68.4 %81.3 %63.4 %60.5 %
Gearing0.1 %0.1 %0.2 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.45.62.72.5
Current ratio2.33.45.62.72.5
Cash and cash equivalents8.0034.002.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Chief executive officer

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