PAPERMIND NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 35402438
Strandhøjsvej 31 B, 2920 Charlottenlund
joh@papermind.dk
tel: 40454420

Company information

Official name
PAPERMIND NORDIC ApS
Personnel
5 persons
Established
2013
Company form
Private limited company
Industry

About PAPERMIND NORDIC ApS

PAPERMIND NORDIC ApS (CVR number: 35402438) is a company from GENTOFTE. The company recorded a gross profit of 5902.7 kDKK in 2023. The operating profit was 1599.4 kDKK, while net earnings were 1361 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 66.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. PAPERMIND NORDIC ApS's liquidity measured by quick ratio was 1.1 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.

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 profit1 025.921 178.121 395.622 234.255 902.72
EBIT109.18329.06550.301 298.581 599.36
Net earnings46.92213.41421.631 067.891 361.00
Shareholders equity total249.20462.61658.241 497.332 622.72
Balance sheet total (assets)4 719.883 806.972 585.685 764.319 553.02
Net debt3 626.011 970.411 090.072 489.602 118.78
Profitability
EBIT-%
ROA5.6 %10.8 %21.1 %37.0 %26.8 %
ROE20.8 %60.0 %75.2 %99.1 %66.1 %
ROI6.9 %13.0 %25.6 %51.1 %35.4 %
Economic value added (EVA)127.81242.80442.70988.541 151.84
Solvency
Equity ratio5.3 %12.2 %25.5 %26.0 %27.5 %
Gearing1455.1 %594.7 %212.9 %166.3 %190.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.61.00.71.1
Current ratio1.11.11.31.41.4
Cash and cash equivalents780.68311.022 882.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:26.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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