P.V. HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About P.V. HOLDING A/S
P.V. HOLDING A/S (CVR number: 17477609) is a company from ESBJERG. The company reported a net sales of 2.8 mDKK in 2024, demonstrating a growth of 17.7 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 2.8 mDKK), while net earnings were 2908.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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. P.V. HOLDING A/S'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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 389.43 | 2 389.52 | 2 812.22 | ||
| Gross profit | -5.90 | -6.00 | 2 381.43 | 2 383.52 | 2 804.49 |
| EBIT | -5.90 | -6.00 | 2 381.43 | 2 383.52 | 2 804.49 |
| Net earnings | 1 097.30 | 2 204.30 | 2 383.19 | 2 462.63 | 2 908.81 |
| Shareholders equity total | 10 933.67 | 12 137.97 | 13 521.15 | 14 983.78 | 11 756.66 |
| Balance sheet total (assets) | 11 266.11 | 12 170.75 | 13 529.15 | 15 018.40 | 15 618.25 |
| Net debt | 324.44 | 24.78 | 6.00 | 3 826.10 | |
| Profitability | |||||
| EBIT-% | 99.7 % | 99.7 % | 99.7 % | ||
| ROA | 9.8 % | 18.8 % | 18.5 % | 17.4 % | 19.2 % |
| ROE | 10.1 % | 19.1 % | 18.6 % | 17.3 % | 21.8 % |
| ROI | 9.8 % | 18.8 % | 18.5 % | 17.4 % | 19.2 % |
| Economic value added (EVA) | - 565.14 | - 570.40 | 1 772.01 | 1 684.29 | 2 025.23 |
| Solvency | |||||
| Equity ratio | 97.0 % | 99.7 % | 99.9 % | 99.8 % | 75.3 % |
| Gearing | 3.0 % | 0.2 % | 0.0 % | 32.5 % | |
| Relative net indebtedness % | 0.3 % | 1.4 % | 137.3 % | ||
| Liquidity | |||||
| Quick ratio | 7.1 | 63.1 | 504.5 | 366.9 | 1.4 |
| Current ratio | 7.1 | 63.1 | 504.5 | 366.9 | 1.4 |
| Cash and cash equivalents | 0.24 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 168.6 % | 214.3 % | 49.4 % | ||
| Credit risk | |||||
| Credit rating | A | A | A | A | AA |
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