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Paychex Europe Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 37545694
Engholm Parkvej 8, 3450 Allerød
finance@lessor.dk
tel: 48166000

Company information

Official name
Paychex Europe Denmark ApS
Personnel
94 persons
Established
2016
Company form
Private limited company
Industry

About Paychex Europe Denmark ApS

Paychex Europe Denmark ApS (CVR number: 37545694) is a company from ALLERØD. The company recorded a gross profit of 63.1 mDKK in 2024. The operating profit was -18.3 mDKK, while net earnings were -13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.1 %, 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. Paychex Europe Denmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit22 500.0054 217.0032 843.0049 786.0063 081.00
EBIT1 505.0024 333.001 510.00-15 754.00-18 347.00
Net earnings-13 259.00-49 043.00- 109 963.00148 252.00-13 674.00
Shareholders equity total471 277.00422 234.00327 297.00488 836.00397 406.00
Balance sheet total (assets)641 872.00595 567.00507 633.00485 104.00508 644.00
Net debt110 602.00145 820.00149 712.0040 483.0066 318.00
Profitability
EBIT-%
ROA-2.1 %14.3 %19.8 %29.3 %-3.5 %
ROE-2.6 %-11.0 %-29.3 %36.3 %-3.1 %
ROI-2.2 %-6.6 %-20.0 %30.7 %-3.7 %
Economic value added (EVA)-26 882.41-1 710.47-27 184.95-34 482.25-39 945.85
Solvency
Equity ratio73.4 %70.9 %64.5 %86.8 %78.1 %
Gearing25.7 %35.3 %47.1 %9.4 %20.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.70.6
Current ratio0.20.10.20.70.6
Cash and cash equivalents10 648.003 137.004 378.005 327.0015 714.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:-3.53%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.1%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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