PAX A/S — Credit Rating and Financial Key Figures

CVR number: 27036007
Klintevej 27 A, 5300 Kerteminde
tel: 65324026

Credit rating

Company information

Official name
PAX A/S
Personnel
2 persons
Established
2003
Company form
Limited company
Industry

About PAX A/S

PAX A/S (CVR number: 27036007) is a company from KERTEMINDE. The company recorded a gross profit of -74 kDKK in 2024. The operating profit was -349.9 kDKK, while net earnings were 729.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PAX A/S's liquidity measured by quick ratio was 22.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit736.00-86.00-62.00-65.00-73.97
EBIT417.00- 360.00- 340.00- 344.00- 349.88
Net earnings530.00593.00- 519.001 122.00729.55
Shareholders equity total9 490.009 583.008 564.009 186.009 415.69
Balance sheet total (assets)9 984.0010 046.009 060.009 692.009 861.59
Net debt-9 296.00-9 508.00-8 306.00-9 302.00-9 600.29
Profitability
EBIT-%
ROA7.3 %9.1 %4.8 %17.4 %10.0 %
ROE5.6 %6.2 %-5.7 %12.6 %7.8 %
ROI7.4 %9.3 %4.8 %17.5 %10.2 %
Economic value added (EVA)277.13- 285.57- 247.82- 257.80- 248.71
Solvency
Equity ratio95.1 %95.4 %94.5 %94.8 %95.5 %
Gearing1.1 %4.4 %5.5 %3.9 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio20.221.718.319.222.1
Current ratio20.221.718.319.222.1
Cash and cash equivalents9 397.009 932.008 775.009 661.009 829.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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