Papbar Aps — Credit Rating and Financial Key Figures

Papbar Aps (CVR number: 37440272) is a company from VEJLE. The company recorded a gross profit of 2761 kDKK in 2023. The operating profit was 345.6 kDKK, while net earnings were 276.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.9 %, which can be considered excellent and Return on Equity (ROE) was 66.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Papbar Aps's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.