PLASTECH TECHNOLOGY ApS — Credit Rating and Financial Key Figures

PLASTECH TECHNOLOGY ApS (CVR number: 19594181) is a company from SVENDBORG. The company recorded a gross profit of 1020 kDKK in 2023. The operating profit was 789.2 kDKK, while net earnings were 1908.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.6 %, 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. PLASTECH TECHNOLOGY ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.