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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 736.00 | -86.00 | -62.00 | -65.00 | -73.97 |
EBIT | 417.00 | - 360.00 | - 340.00 | - 344.00 | - 349.88 |
Net earnings | 530.00 | 593.00 | - 519.00 | 1 122.00 | 729.55 |
Shareholders equity total | 9 490.00 | 9 583.00 | 8 564.00 | 9 186.00 | 9 415.69 |
Balance sheet total (assets) | 9 984.00 | 10 046.00 | 9 060.00 | 9 692.00 | 9 861.59 |
Net debt | -9 296.00 | -9 508.00 | -8 306.00 | -9 302.00 | -9 600.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | 9.1 % | 4.8 % | 17.4 % | 10.0 % |
ROE | 5.6 % | 6.2 % | -5.7 % | 12.6 % | 7.8 % |
ROI | 7.4 % | 9.3 % | 4.8 % | 17.5 % | 10.2 % |
Economic value added (EVA) | 277.13 | - 285.57 | - 247.82 | - 257.80 | - 248.71 |
Solvency | |||||
Equity ratio | 95.1 % | 95.4 % | 94.5 % | 94.8 % | 95.5 % |
Gearing | 1.1 % | 4.4 % | 5.5 % | 3.9 % | 2.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 20.2 | 21.7 | 18.3 | 19.2 | 22.1 |
Current ratio | 20.2 | 21.7 | 18.3 | 19.2 | 22.1 |
Cash and cash equivalents | 9 397.00 | 9 932.00 | 8 775.00 | 9 661.00 | 9 829.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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