pond Textile A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About pond Textile A/S
pond Textile A/S (CVR number: 39488167) is a company from AARHUS. The company recorded a gross profit of -1828.7 kDKK in 2023. The operating profit was -7780.2 kDKK, while net earnings were -6471.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.3 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. pond Textile A/S's liquidity measured by quick ratio was 2.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2 503.03 | -5 572.68 | 120.59 | - 849.22 | -1 828.69 |
| EBIT | -5 403.43 | -13 240.48 | -7 189.55 | -7 171.81 | -7 780.18 |
| Net earnings | -4 250.77 | -9 815.97 | -5 589.61 | -5 191.41 | -6 471.48 |
| Shareholders equity total | 47 365.34 | 37 549.37 | 31 959.76 | 26 768.35 | 20 296.87 |
| Balance sheet total (assets) | 56 525.49 | 48 972.04 | 43 281.55 | 37 111.24 | 29 568.65 |
| Net debt | -11 870.92 | -2 634.83 | 872.15 | 1 445.21 | 704.52 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -9.2 % | -25.1 % | -15.4 % | -17.8 % | -23.3 % |
| ROE | -8.6 % | -23.1 % | -16.1 % | -17.7 % | -27.5 % |
| ROI | -9.3 % | -25.9 % | -17.0 % | -20.9 % | -28.6 % |
| Economic value added (EVA) | -5 848.10 | -11 569.50 | -7 363.32 | -6 758.43 | -7 815.07 |
| Solvency | |||||
| Equity ratio | 83.8 % | 76.7 % | 73.8 % | 72.1 % | 68.6 % |
| Gearing | 3.2 % | 6.1 % | 4.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 14.3 | 2.0 | 0.9 | 0.5 | 2.4 |
| Current ratio | 14.7 | 3.4 | 4.3 | 3.4 | 2.4 |
| Cash and cash equivalents | 11 870.92 | 2 634.83 | 136.41 | 178.83 | 123.05 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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