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PAX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAX A/S
PAX A/S (CVR number: 27036007) is a company from KERTEMINDE. The company recorded a gross profit of -68.7 kDKK in 2025. The operating profit was -347.1 kDKK, while net earnings were -449 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.1 %, 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 34.5 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -86.00 | -62.00 | -65.00 | -73.97 | -68.73 |
| EBIT | - 360.00 | - 340.00 | - 344.00 | - 349.88 | - 347.14 |
| Net earnings | 593.00 | - 519.00 | 1 122.00 | 729.55 | - 449.02 |
| Shareholders equity total | 9 583.00 | 8 564.00 | 9 186.00 | 9 415.69 | 8 466.67 |
| Balance sheet total (assets) | 10 046.00 | 9 060.00 | 9 692.00 | 9 882.68 | 8 719.52 |
| Net debt | -9 508.00 | -8 306.00 | -9 302.00 | -9 600.29 | -8 296.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.1 % | 4.8 % | 17.4 % | 10.0 % | 1.9 % |
| ROE | 6.2 % | -5.7 % | 12.6 % | 7.8 % | -5.0 % |
| ROI | 9.3 % | 4.8 % | 17.5 % | 10.2 % | 1.9 % |
| Economic value added (EVA) | - 762.84 | - 768.21 | - 722.31 | - 752.21 | - 755.65 |
| Solvency | |||||
| Equity ratio | 95.4 % | 94.5 % | 94.8 % | 95.3 % | 97.1 % |
| Gearing | 4.4 % | 5.5 % | 3.9 % | 2.4 % | 2.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 21.7 | 18.3 | 19.2 | 21.2 | 34.5 |
| Current ratio | 21.7 | 18.3 | 19.2 | 21.2 | 34.5 |
| Cash and cash equivalents | 9 932.00 | 8 775.00 | 9 661.00 | 9 829.59 | 8 509.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | AA | AA | AA | AA |
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