PI GROUP HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PI GROUP HOLDING ApS
PI GROUP HOLDING ApS (CVR number: 21276286K) is a company from VEJLE. The company reported a net sales of 450.1 mDKK in 2024, demonstrating a decline of -17.9 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 18.4 mDKK), while net earnings were 9375.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 43.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PI GROUP HOLDING ApS's liquidity measured by quick ratio was 0.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 344.37 | 595.07 | 545.09 | 548.11 | 450.12 |
| Gross profit | 62.23 | 154.62 | 89.44 | 60.80 | 50.82 |
| EBIT | 33.67 | 119.37 | 57.85 | 30.33 | 18.36 |
| Net earnings | 24.49 | 91.72 | 42.49 | 19.41 | 9.38 |
| Shareholders equity total | 103.91 | 183.26 | 179.88 | 189.28 | 186.06 |
| Balance sheet total (assets) | 280.30 | 376.70 | 327.17 | 373.89 | 428.94 |
| Net debt | 84.03 | 102.65 | 188.46 | ||
| Profitability | |||||
| EBIT-% | 9.8 % | 20.1 % | 10.6 % | 5.5 % | 4.1 % |
| ROA | 12.1 % | 36.3 % | 16.6 % | 8.9 % | 4.7 % |
| ROE | 26.2 % | 63.9 % | 23.4 % | 10.5 % | 5.0 % |
| ROI | 12.1 % | 36.3 % | 17.9 % | 10.5 % | 5.3 % |
| Economic value added (EVA) | 29.49 | 114.15 | 35.72 | 9.37 | -2.01 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 55.0 % | 50.6 % | 43.4 % |
| Gearing | 46.7 % | 58.9 % | 101.5 % | ||
| Relative net indebtedness % | 26.0 % | 30.7 % | 51.8 % | ||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.0 | 0.5 | ||
| Current ratio | 3.7 | 2.3 | 1.6 | ||
| Cash and cash equivalents | 0.02 | 8.82 | 0.42 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 75.6 | 60.7 | 70.4 | ||
| Net working capital % | 34.8 % | 25.3 % | 23.8 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | AAA | AAA | AAA |
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