PLANET HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PLANET HOLDING A/S
PLANET HOLDING A/S (CVR number: 15342137K) is a company from ESBJERG. The company recorded a gross profit of 14.3 mDKK in 2024. The operating profit was -6468 kDKK, while net earnings were -11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -7.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PLANET HOLDING A/S's liquidity measured by quick ratio was 0.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 275 734.00 | 140 685.00 | |||
Gross profit | 80 322.00 | 41 414.00 | 26 375.00 | -41 726.00 | 14 282.56 |
EBIT | 43 313.00 | 22 085.00 | 8 329.00 | - 162 561.00 | -6 468.00 |
Net earnings | 24 735.00 | 14 617.00 | 1 901.00 | - 164 051.00 | -11 527.00 |
Shareholders equity total | 196 533.00 | 166 149.00 | 164 051.00 | -11 527.00 | |
Balance sheet total (assets) | 356 650.00 | 254 900.00 | 302 942.00 | 236 045.00 | 149 620.00 |
Net debt | -50 124.00 | -41 494.00 | -9 640.00 | -5 671.00 | 69 026.38 |
Profitability | |||||
EBIT-% | 15.7 % | 15.7 % | |||
ROA | 9.9 % | 7.3 % | 3.5 % | -59.6 % | -2.0 % |
ROE | 13.0 % | 8.1 % | 1.2 % | -82.0 % | -6.0 % |
ROI | 13.3 % | 9.5 % | 4.5 % | -78.9 % | -2.7 % |
Economic value added (EVA) | 9 088.94 | 1 723.75 | -4 132.79 | - 174 593.16 | -16 040.98 |
Solvency | |||||
Equity ratio | 56.0 % | 66.0 % | 54.7 % | -7.2 % | |
Gearing | 34.0 % | 16.6 % | 31.1 % | -733.2 % | |
Relative net indebtedness % | 13.3 % | 9.6 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 2.4 | 1.8 | 1.4 | 0.4 |
Current ratio | 1.9 | 2.4 | 1.7 | 1.5 | 0.9 |
Cash and cash equivalents | 116 945.00 | 69 134.00 | 60 733.00 | 66 048.00 | 15 491.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.1 | 6.9 | |||
Net working capital % | 46.8 % | 79.9 % | |||
Credit risk | |||||
Credit rating | AAA | AAA | AA | BB | BBB |
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