PASECO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PASECO ApS
PASECO ApS (CVR number: 36979364) is a company from KØBENHAVN. The company recorded a gross profit of -5410 kDKK in 2023. The operating profit was -17.6 mDKK, while net earnings were 199.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 99.3 %, which can be considered excellent and Return on Equity (ROE) was 163.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. PASECO ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4 956.15 | -6 334.89 | 3.24 | -28 531.00 | -5 409.98 |
EBIT | -5 912.41 | -9 110.64 | - 722.04 | -29 284.00 | -17 633.01 |
Net earnings | -4 265.62 | -9 075.81 | - 868.79 | -57 474.00 | 199 083.88 |
Shareholders equity total | 27 885.18 | 19 574.33 | 18 703.80 | -38 770.00 | 160 313.59 |
Balance sheet total (assets) | 77 550.37 | 119 532.00 | 124 926.40 | 83 645.00 | 296 634.83 |
Net debt | 16 351.44 | 35 618.39 | 26 604.64 | 45 178.00 | - 204 821.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.1 % | -6.8 % | 7.9 % | -19.7 % | 99.3 % |
ROE | -14.2 % | -38.2 % | -4.5 % | -112.3 % | 163.2 % |
ROI | -5.6 % | -11.9 % | 16.0 % | -44.3 % | 165.2 % |
Economic value added (EVA) | -5 547.43 | -7 562.91 | 142.25 | -31 444.73 | -14 729.07 |
Solvency | |||||
Equity ratio | 36.0 % | 16.4 % | 15.0 % | -31.7 % | 54.0 % |
Gearing | 64.6 % | 199.2 % | 206.1 % | -122.0 % | 26.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.0 | 0.9 | 0.4 | 2.0 |
Current ratio | 1.3 | 1.0 | 0.9 | 0.4 | 2.0 |
Cash and cash equivalents | 1 650.75 | 3 382.46 | 11 937.18 | 2 129.00 | 246 504.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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