PAPEP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PAPEP ApS
PAPEP ApS (CVR number: 31490979) is a company from VIBORG. The company recorded a gross profit of 322.9 kDKK in 2024. The operating profit was 278.1 kDKK, while net earnings were -911.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.7 %, which can be considered poor and Return on Equity (ROE) was -28.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PAPEP ApS's liquidity measured by quick ratio was 3.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 394.07 | 399.24 | 367.46 | 321.81 | 322.89 |
| EBIT | 367.26 | 356.01 | 322.63 | 276.98 | 278.06 |
| Net earnings | 334.08 | 464.23 | 324.93 | 644.03 | - 911.56 |
| Shareholders equity total | 2 055.28 | 2 463.01 | 2 730.74 | 3 315.87 | 3 078.33 |
| Balance sheet total (assets) | 4 560.36 | 5 018.07 | 5 176.06 | 5 730.41 | 5 196.34 |
| Net debt | 1 980.40 | 1 817.71 | 1 694.98 | 1 505.37 | 1 524.57 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.8 % | 12.7 % | 9.0 % | 14.5 % | -14.7 % |
| ROE | 17.4 % | 20.5 % | 12.5 % | 21.3 % | -28.5 % |
| ROI | 11.4 % | 13.4 % | 9.5 % | 15.4 % | -15.9 % |
| Economic value added (EVA) | 92.65 | 72.12 | 28.81 | -17.80 | -43.62 |
| Solvency | |||||
| Equity ratio | 45.1 % | 49.1 % | 52.8 % | 57.9 % | 59.2 % |
| Gearing | 98.3 % | 80.0 % | 70.3 % | 56.3 % | 54.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.7 | 2.0 | 2.4 | 3.4 |
| Current ratio | 1.4 | 1.7 | 2.0 | 2.4 | 3.4 |
| Cash and cash equivalents | 40.75 | 153.20 | 223.91 | 361.81 | 146.27 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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