P&P Nordic A/S — Credit Rating and Financial Key Figures

CVR number: 29314586
Hunderupvej 123 E, 5230 Odense M
info@ppnordic.dk
tel: 50802030

Credit rating

Company information

Official name
P&P Nordic A/S
Personnel
3 persons
Established
2006
Company form
Limited company
Industry

About P&P Nordic A/S

P&P Nordic A/S (CVR number: 29314586) is a company from ODENSE. The company recorded a gross profit of 10.7 mDKK in 2023. The operating profit was 9136.5 kDKK, while net earnings were 7283.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64.5 %, which can be considered excellent and Return on Equity (ROE) was 85.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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&P Nordic A/S's liquidity measured by quick ratio was 2.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 546.298 011.969 912.228 829.1710 652.02
EBIT4 314.566 315.818 252.957 244.109 136.51
Net earnings3 341.304 904.516 401.945 689.257 283.21
Shareholders equity total5 341.306 904.518 401.947 689.259 283.21
Balance sheet total (assets)12 134.8613 562.3014 554.4515 012.7214 351.12
Net debt-5 814.88-4 824.38-8 300.68-7 148.96-9 278.04
Profitability
EBIT-%
ROA43.6 %49.2 %58.7 %49.4 %64.5 %
ROE64.4 %80.1 %83.7 %70.7 %85.8 %
ROI56.4 %62.9 %87.0 %80.0 %98.9 %
Economic value added (EVA)3 369.775 167.956 494.585 650.667 192.08
Solvency
Equity ratio44.0 %50.9 %57.7 %51.2 %64.7 %
Gearing82.6 %49.7 %2.7 %25.3 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.02.42.02.8
Current ratio1.82.02.42.02.8
Cash and cash equivalents10 229.018 259.028 525.489 095.059 529.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:64.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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