PLASTECH TECHNOLOGY ApS — Credit Rating and Financial Key Figures

CVR number: 19594181
Finlandsvej 9, Tved 5700 Svendborg
mail@plastech.dk
tel: 62214086
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Company information

Official name
PLASTECH TECHNOLOGY ApS
Established
1996
Domicile
Tved
Company form
Private limited company
Industry

About PLASTECH TECHNOLOGY ApS

PLASTECH TECHNOLOGY ApS (CVR number: 19594181) is a company from SVENDBORG. The company recorded a gross profit of 1067.3 kDKK in 2024. The operating profit was 833.5 kDKK, while net earnings were 2020.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit923.37769.73429.621 020.001 067.33
EBIT683.07528.23188.13789.24833.52
Net earnings1 950.251 447.136.751 851.362 020.69
Shareholders equity total8 430.009 877.139 883.8811 640.7913 661.48
Balance sheet total (assets)17 156.0618 248.3417 966.8219 252.9020 848.10
Net debt7 609.637 543.027 654.816 956.276 297.53
Profitability
EBIT-%
ROA13.6 %9.6 %1.2 %12.5 %12.5 %
ROE26.2 %15.8 %0.1 %17.2 %16.0 %
ROI13.9 %10.0 %1.2 %12.7 %12.7 %
Economic value added (EVA)- 253.98- 421.41- 714.55- 279.35- 308.14
Solvency
Equity ratio49.1 %54.1 %55.0 %60.5 %65.5 %
Gearing92.3 %76.4 %77.5 %59.8 %46.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio0.10.10.10.10.1
Cash and cash equivalents169.651.331.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.5%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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